kgiap123

V - Ready to breakout ?

NYSE:V   VISA INC
Closing above 200 for the first time since 11 June after 3 attempts
Bounce above EMA20 and sloping up.
Well supported by EMA50

FiFT +ve indicating BULL is in control.
ATOM is BUY indicating chances of breakout is high
Note : MA is having similar pattern but MA is already breakout.

Rst 214.
Sprt 190.
Rounding Bottom Targets: 240, 260, 290


Fundamental
Last 3 months analyst price target is 243 (Align to rounding bottom first target)
Analyst Consensus : 18 Buy, 2 Hold
Comment:
Nice !
Comment: ATOM is expanding... BULL is running on highway.
Approaching Resistance. Expect a small pullback for Further buy opportunity
Comment: Completed the rounding bottom.
Next Target is 244 !!!

Comments

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