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Aug 29, 2020 11:18 AM

$V VISA Major Breakout Underway  Long

Visa Inc.NYSE

Description

VISA hits a new ATH and has very strong momentum and sentiment behind it, the societal change
to a cashless online payment society is the beginning of a new phase of growth for VISA and its peers.
I have taken a close look at possible Fibonacci targets to aim for in the breakout.
Long term - $284 for wave target.
medium term - $250 key psychological level.
Short term- $220-$225 to confluence of Fibonacci expansion & extension targets .
Some caution is needed as breakout often require a backrest & indicators are extended.
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Comments
bobbyb360
I think I’ll trade this one up to the 618 then sell. Thanks for the chart. If everyone would look up your charts from last month they would see that every target you posted hit spot on. Thanks afain
Mariobarretto
Nice work
john_markwah
Good Idea
ASAN7410
Awesome chart thank you!
moonshot
Nice. Going to set LIMIT BUY at $205-$210
pokiepoke91
Great find!
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