yflaw1018

V: Triple Bounce

NYSE:V   Visa Inc
Visa has been bouncing clearly on ema 200 and also on bull trend line , 3 times! Very clean and Rebound. Bounced off a major support level at $220 beautifully. Visa has been trading at a very rich valuation, over 40x earnings and 20x sales. Its been selling off recently, down about 10% from all time highs. MACD is bouncing to positive and there is a V bounce at RSI .
Revenue growth has been strong despite the pandemic and the company continues to make acquisitions to lead the fintech sector.