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Oct 6, 2020 9:04 AM

$V Visa Joins the Fintech Rally  Long

Visa Inc.NYSE

Description

VISA has reclaimed the 50ma as support after a sharp decline with the market in September.
As earnings approach we expect a run up into the event as VISA continues to benefit from the
surge in ecommerce due to Covid.
MACD has just completed a bullish crossover
Histogram is positive
RSI rising and room to run higher.
Old channel may act as resistance to any rally as will the previous high.
Price target $215
Comments
Jeorjeta13
Probably similar chart for MA, earnings in October too, with price target 367.
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