Mendenmein-Capital

V - Buy and Hold !

Long
Visa (NYSE:V)  
NYSE:V   Visa
Fellow investors and traders, today we are taking a look at Visa. V

My last update on visa was published a few weeks ago, in which i correctly predicted the drop to 180$.
Just in the last days we hit the 0.382 retracement, which is completely normal for a wave 4.
From now on i expect the ABC correction to be over and we will directly start to new ATH's
In the following weeks and months we could reach prices as high as 250$ or more!

Keep in mind that this is a buy and hold position - unleveraged and without a stop-loss.

Current setup:

Entry: 408.63$
Profit target: 544$
Stop-Loss: None - Buy and hold


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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
Trade active:
Open as described - this is meant to be a longterm investment
Comment:
EMERGENCY UPDATE:
I published the wrong entry and profit target!

ENTRY: 197.89$
PROFIT TARGET: 250$

My buy and hold position is still active...

If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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