Visa’s most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $215.00 short put and a strike $210.00 long put offers a potential 22.55% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $215.00 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $4.08 would be incurred if the stock dropped below the $210.00 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 59.95 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Visa
MoneyGram (MGI) Boosts Coinme Partnership With 4% Stake
Thu, 06 Jan 2022 16:35:04 +0000
MoneyGram International’s (MGI) partnership with Coinme is a crucial one as it is targeted at enhancing the crypto ecosystem and reducing the gap between crypto and traditional finance.
Synovus (SNV) Unveils Mobile Virtual Commercial Credit Card
Thu, 06 Jan 2022 16:01:04 +0000
Synovus Financial (SNV) expands the digital banking experience and the commercial credit card portfolio with a mobile virtual commercial credit card solution in partnership with Visa (V).
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Wed, 05 Jan 2022 16:55:58 +0000
In this article, we discuss the top 10 stocks to buy according to billionaire Steve Cohen. If you want to skip our detailed analysis of these stocks, go directly to the Top 5 Stocks to Buy According to Billionaire Steve Cohen. Steve Cohen is the founder, president, and chief executive officer of Point72 Asset Management, […]
Buying These 3 Robinhood Stocks Could Be the Smartest Investing Move You Ever Make
Wed, 05 Jan 2022 16:15:00 +0000
When you think of the most popular stocks owned by Robinhood’s (NASDAQ: HOOD) customers, more speculative investments like meme stocks are probably the first that come to mind. Johnson & Johnson (NYSE: JNJ), Pfizer (NYSE: PFE), and Visa (NYSE: V) are three widely held companies among Robinhood’s customers. It’s not surprising that Johnson & Johnson is a mainstay in many portfolios — thanks to such well-known brands as Neutrogena and Aveeno (part of the consumer health segment that will soon be spun off to form an independent company).
Visa (V) Gains As Market Dips: What You Should Know
Tue, 04 Jan 2022 22:45:10 +0000
In the latest trading session, Visa (V) closed at $222.46, marking a +0.47% move from the previous day.
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