Visa’s most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $128.00 short put and a strike $123.00 long put offers a potential 30.55% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $128.00 by expiration. The full premium credit of $1.17 would be kept by the premium seller. The risk of $3.83 would be incurred if the stock dropped below the $123.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Visa is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Visa is bullish.
The RSI indicator is at 65.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Closing Bill Exchange: Never bet against Warren Buffett
Mon, 07 May 2018 19:31:00 +0000
Brian Milligan, Ave Maria Growth Fund; Steve Grasso, Stuart Frankel; and CNBC’s Rick Santelli discuss today’s markets.
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Mon, 07 May 2018 18:11:47 +0000
Some insight from Warren Buffett’s righthand man.
Visa Named to the 100 Best Corporate Citizens List
Mon, 07 May 2018 16:42:00 +0000
In recognition of our commitment to corporate responsibility and sustainability, Visa (NYSE:V) today was named to Corporate Responsibility Magazine’s 100 Best Corporate Citizens list. Ranked #39 this year, the magazine’s annual issue acknowledged Visa and other companies for advancing corporate responsibility performance and transparency across environmental, social and governance areas. “Visa is committed to being a responsible leader and partner of choice to our stakeholders as we connect the world through the most innovative, reliable and secure digital payment network,” said Douglas Sabo, vice president, head of corporate responsibility and philanthropy at Visa Inc. “Our inclusion on this year’s list reflects progress in our areas of focus — including operating responsibly throughout our business, operations and supply chain — as well as our continued focus on transparency and reporting.
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Mon, 07 May 2018 14:03:28 +0000
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Amazon And Payments: The Sell-Side Evaluates How PayPal, Credit Card Issuers Could Be Impacted
Fri, 04 May 2018 20:39:47 +0000
Wedbush’s Moshe Katri said in a Thursday note that Amazon’s reported ambitions have a “neutral” impact on the payment space. If reports are accurate, Amazon will pass on discounts it gets on credit card fees to retailers if they use its online payments service, Katri said in a note. Amazon would have to overcome multiple obstructions along the way, most notably dealing with a lack of integrated payments capability, the analyst said.
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