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MarketIntel
Apr 20, 2023 3:22 PM

Visa: Vis – à – vis 👀 

Visa Inc.NYSE

Description

Visa is moving just under the resistance at $235.85 – vis-à-vis with this mark, so to speak. Soon, the share should climb above this level, though, to complete wave b in magenta. This done, it should return below $235.85 and continue the descent below the support at $208.76, dropping into the turquoise zone between $204.28 and $187.10. There, the stock should finish wave 2 in turquoise, whose low should then initiate fresh upwards movement. However, there is a 34% chance that this low could already be established in the form of wave alt.2 in turquoise. In that case, Visa would maintain the upwards momentum.
Comments
Trades_go_BRRR
Would love it if you're able to update this chart...the sidways trading has been keeping me on the sidelines, so I'm wondering if anything changed with your elliott waves.
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