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BH42
Mar 10, 2021 8:42 PM

Interesting divergence in Visa  Short

Visa Inc.NYSE

Description

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?
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