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Visa (V) Upgrade Alert, Watch for 0.9% Technical Uptrend Continuation

Oct 12, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Company: Visa Inc (V)

Visa (NYSE:V) upgraded to Outperform from Neutral at Credit Suisse. The stock closed Friday at $72.94 on volume of 5,184,200 shares, below average daily volume of 6,242,295.

Visa is currently above its 50-day moving average of $70.06 and above its 200-day moving average of $61.42.

SmarTrend is bullish on shares of V and our subscribers received an Uptrend alert on October 09, 2009 at $72.31, which has returned 0.9% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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News Provided by COMTEX

Company: Visa Inc (V)


Related terms: market, nyse, securities

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