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inthemoneystock (< 20)

Visa And Mastercard Soar On Swipe Fee Increase



June 29, 2011 – Comments (1) | RELATED TICKERS: V , MA

This afternoon, Visa Inc.(NYSE:V), and Mastercard Inc.(NYSE:MA) are soaring higher after the Federal Reserve raised the cap on debit card swipe fees to 0.21 cents to 0.12 cents. Traders should watch for intra-day resistance on MA stock around the $308.25 level. The intra-day resistance level on Visa stock should be around the $86.70, and $91.00 levels.

Nicholas Santiago

1 Comments – Post Your Own

#1) On June 29, 2011 at 7:06 PM, HarryCaraysGhost (88.03) wrote:

If I may borrow a line from porte-


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