thecoreinvestor

Double Bottom Break OUT SIGHTED!

Long
Visa (NYSE:V)  
NYSE:V   Visa
V

Core APP:
Investor Confidence Level: 55%
Reason: Biggest Player in Payment System
Over-Valued according to 9% 3 YR EPS Growth
Fair Value: $35.55

TA:

Looking at Double Bottom Breakout
Looking at $116 at Support, $125 Resistance may become support soon, if market price hit above 125 in the next few days.
Market Price hit 5 times on Resistance ad 2 times on Support.
There is a high probably that it may be a bullish breakout.

Holding Period: 1 year
Potential Gain: N/A

RSI: Going to OverBuy
Stochastic Full: Going to OverBuy

EMA 20,50: short term uptrend
EMA 200: long term uptrend
Volume of trade: Increasing

Market Sentimental: Consolidation (Investors are confused)
Breaking out soon.

*Not a recommendation to buy or sell, case study only.*

Options available
DYODD
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