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ryanchai
Dec 29, 2016 5:25 PM

VISA,V at critical level (Weekly Uptrend Channel Support)  

Visa Inc.NYSE

Description

VISA: Critical Support Level. Price unable to make new high after several attempts.
Potential for bullish reversal, but chances to break below channel is there. # However, do not short Visa as it is Strong Fundamental Stock. Overall performance is uptrend since IPO.
Enter for long position if price break above R=82, SL level set below S=75 or below uptrend channel.
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