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RedHotStocks
Jul 12, 2019 10:24 PM

VISA showing some weakness after 45% gain in 2019 

Visa Inc.NYSE

Description

Payment provides and fintech companies have been the destination for cautious investors in 2019, as they transports, industrials, pharma/bio, SMH, and FANGS suffered. However in recent weeks the market has changed caution has been abandoned and rotation is back into they more risky laggards.
Technically Visa has had a monstrous move in 2019 and although the chart is still strong, signs of strain are there, longs should be thinking or banking some profits, greed can kill a portfolio.
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