TradingElephant
Short

Visa Closing Rally

NYSE:V   VISA INC
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Fibonacci Lines show a strong resistance level at 1.27, at price $84.59. Since the Gann has shown incredible strength along the 1:1 line, I expect a rally at the end of this strong bullish run up to the 1.27 Fib line. From there, I've placed a short to profit off a weakening stock that may retrace fully into the $45-$55 range over the year 2016. NYSE:V

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