Vitalfinancials

VISA Long (Naked Call)

Long
Visa (NYSE:V)  
NYSE:V   Visa


Visa has been in a strong channel up since December 2018.We broke new highs on March 11, 2019 and have since been grinding higher into uncharted territory. The most recent bull flag formed around July 2, 2019.

I am bullish on Visa and expect to see much higher prices in the coming months.

Aside from the clear technical trend, Visa has shown clear signs of being a strong mainstream crypto contender. WIth B2B Connect set for commercial launch later this year, Visa is uniquely positioned to thrive in the crypto space.

Another daily candle closing above the $179 I am watching for entry.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.