BH42

Interesting divergence in Visa

Short
Visa (NYSE:V)  
NYSE:V   Visa
Visa printing a rising wedge on the monthly chart. Divergence is interesting as the RSI is tracking lower with the stock moving higher.

Interesting and would welcome others thought?

My thought would be that with reopening a break above the wedge would signal a long entry, but the divergence x rising wedge worries me. Is this a sign for the wider market also?

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.