Recently, there is news looking for an Apple partnership which could help move Visa UP if it resolves or DOWN if it doesn't get announced. From the "INTERNAL TREND" indicator that I created at the bottom of this chart, the trend is UP steadily and this would imply that we should be buying every time the oversold reading turns the corner. A small lift from here could cause a decent rally from a short squeeze.
The recent gap down in July on was retested and the selloff from there has also been tested, so Visa is poised to make a move one way or the other from here.
At 216, go with the long and target 219-220 initially.
At 212, go with the short and target 208-204 initially.