V: Potential short setup

8 months ago
Visa is looking like an interesting short, either at market open, or if we get a move up to 79.28 (the red triangle's mid point). We can risk a move up to 80.18 at the very least, (or more conservatively, 80.57) and aim for 71.66 at least.
Keep in mind it might take a few days to achieve this target, even weeks, specially if we factor that we have to break a support level below, where a considerably high volume node resides. Good luck!

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Ivan Labrie

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Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.57% on such information.
8 months ago
Comment: Acting well.
8 months ago
Comment: Let's see how it goes, seems promising.
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