Use access key #2 to skip to page content.

inthemoneystock (< 20)

Visa And Mastercard Soar On Swipe Fee Increase

Recs

4

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
InTheMoneyStocks.com

1 Comments – Post Your Own

#1) On June 29, 2011 at 7:06 PM, HarryCaraysGhost (99.64) wrote:

If I may borrow a line from porte-

he-he.

Report this comment

Featured Broker Partners


Advertisement