jwjustinwatkins

V - Visa Simple Price Line/Fib play

Long
NYSE:V   VISA INC
$V
Today: 11/28/20 615pm PST

Plan: Let Visa drop to Price $204.30, ride to price $215.20.

I'm a simple guy and I like simple plans. Visa has a long history of reacting to these price lines, look left and you'll see many supports/rejections. The lower price 204.30 is just before a clear/recent fib 618 line. Adds to the plan.

Visa appears to be zone trading after it's recent climb. Without any news to tank it, let it drop to this old familiar price line, then bounce up from 204 to 215. May take a while for it to fall and rise, so this play is get rich slowly. Choose wisely.

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