Visa is looking good fundamentally and technically.
Strong Financial Performance: Visa reported a 14% earnings increase and 10% revenue growth, exceeding expectations.
Growth in Payment Volumes: Payments volume grew 9%, with a 16% rise in cross-border transactions.
Positive Market Sentiment: Analysts view Visa as a top pick due to its strong travel-related spending and valuation.
Strategic Partnerships: Visa partnered with X to launch the X Money Account, enhancing its digital payment services.
Price> 20 and 200MA
W Formation
Target $380.00
Strong Financial Performance: Visa reported a 14% earnings increase and 10% revenue growth, exceeding expectations.
Growth in Payment Volumes: Payments volume grew 9%, with a 16% rise in cross-border transactions.
Positive Market Sentiment: Analysts view Visa as a top pick due to its strong travel-related spending and valuation.
Strategic Partnerships: Visa partnered with X to launch the X Money Account, enhancing its digital payment services.
Price> 20 and 200MA
W Formation
Target $380.00
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.