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TradersAmbition
Sep 11, 2012 8:06 PM

VISA - Official Olympic Partner Breaking Out Long

Visa Inc.NYSE

Description

Here in London there has been a serious amount of spending going on due to the Olympics and Visa were an official partner meaning every single transaction went through them so it's no coincidence that the chart is decent too.

Breaking out today with a new 20 day high on above average volume.
Comments
admin
Good trade
charttrader
Nice breakout
charttrader
Followed.
charttrader
Agreed.
charttrader
Nice idea. This makes a total sense. BTW
admin
Why Visa was the only way of payment at Olympics?
TradersAmbition
Yes they has exclusive rights to handle payments on everything from tickets to merchandise to food etc
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