A look at Visa — A trend in motion tends to stay in motion

by DAN Visa ($V) averages are at $223.04 (21 day SMA), $221.90 (50 day SMA), $197.06 (200 day SMA). Over the past 52 weeks V has traded from a low of $155.68 to a high of $235.50. V was last at $224.79 on a volume of 177,138. Average daily volume has been at 3,174,614.

52 Week Range $155.68-$235.50 Market Cap 142,627,218,439 Average Volume 3,174,614 Dividend Yield 0.72% Institutional Ownership 74.30% Insider Ownership: 0.10% Percentage of Float Short 2.30% Beta 0.76

Visa (V) has been moving in a series of higher lows for nearly two y ears. The 50-day moving average has loosely defined the uptrending support where demand is more aggressive than supply. Technical traders should be keying on the 50-day moving average (currently at $222.37). So long as the stock remains above that level on a closing basis, buying the stock now presents a low risk entry with potential for significant advances.

Visa, Inc. is a payments technology company that connects consumers, businesses, banks and governments in more than 200 countries and territories to fast, secure and reliable electronic payments.

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