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Jun 14, 2018 5:11 PM

Visa (Scenarios) 

Visa Inc.NYSE

Description

Scenario 1) Over the last 3 months, looks like a continuation wedge (bearish) chart has formed, outlined in blue. If breaks below the bottom trend line, could descend down to the support level at $132, and then start consolidating.

Scenario 2) Although, over the course of the last week, looks like a symmetrical continuation triangle (bullish) has formed, outline in green, and is nearing a potential break out.

Scenario 3) The trend may hit the bottom trend line (red), and then continue upward to find a new high.
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