InvestingScope

Visa: A strong long-term bullish wave possible.

Long
NYSE:V   Visa Inc
VISA INC has been consolidating within the 186.00 Support and 203.00 Resistance since May. Naturally the 1D chart is mostly neutral ( RSI = 57.741, MACD = 1.000, ADX = 19.304). However we see a bullish divergence both on the MACD and RSI indicators similar to the July - October 2019 consolidation. We are ready to buy Visa if the 203.00 Resistance breaks.



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