NYSE:V Bullish Target Price 1: $241.81 appears as an immediate resistance point, given the horizontal line drawn around that level. Bullish Target Price 2: If the stock manages to exceed the first target, the next potential bullish target is $244.73. If the stock price falls below the bearish line located at $238.33: Bearish Target Price 1: $237.67 seems to be...
Visa is rising gradually after finding Support firmly on the MA200 (1d) and the bottom of the Channel Up. In accordance to the previous Channel Up rises, when the MA50 (1d) closes a candle over it, the rally will be confirmed. Trading Plan: 1. Buy on the current market price. Targets: 1. 252.90 (All Time High). Tips: 1. The RSI (1d) rebounded from below the...
Visa has been trading inside a Channel Up pattern but lately with the 1D technicals neutral (RSI = 50.905, MACD = 0.560, ADX = 28.391). This is despite staying on high levels, finding support on the 1D MA50. As long as this and the Inside HL trendline hold, we are bullish, aiming at the Inside HH (TP = 251.00). If the price crosses below however, it is very...
Visa has formed a large level double top This figure shows the weekly candle chart of Visa's stock from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the combination of last week's high point and 2021 high point of Visa's stock has formed a large level double top shape,...
Pretty good risk to reward ratio IMO. NEO:VISA has been forming this long term ascending pattern and looks good to keep going. This is a long term boring trade that will most likely take months to grind higher. The real question is whether or not we get a pull back to the moving averages. If the market continues up from here I would expect this to do the same. Cheers
VISA has been in an uptrend since October 2022. The price created the rising wedge pattern which is a bearish formation. The positive momentum on MACD is decreasing. Enter a short position at the successful breakdown of the formation. Stop loss and target for shorts are shown on the chart. Good luck
If you haven`t sold Visa on Ukraine's exposure: or this Double Top: Then analyzing the options chain and chart patterns of V Visa prior to the earnings report this week, I would consider purchasing the 235usd strike price Puts with an expiration date of 2023-8-18, for a premium of approximately $3.60. If these options prove to be profitable prior to the...
Mastercard Inc NYSE:MA - Historically cycles are between 34 - 40 months - Now on month 40 of a decline/consolidation cycle - New cycle into bull phase highly probable - Above 10 month, 200 week & 200 day SMA - Recently had lowest oversold RSI level ever! - Monthly MACD Cross In addition to the above points, a number of bullish parameters are lining up on...
American Express has broken below the Lead-In trend line and looks to be confirming a lower high below the breakdown zone, all at the PCZ of a Bearish Crab on the Weekly Timeframe. If we get the desired performance from this we should see AXP go down about 30-60% from the current levels.
Equity Trade Idea of the Week: V It’s not every day that a world-class company trades at an attractive price. Here’s how I see the company’s valuation… Visa is currently trading slightly above its technical BUY ZONE, at a multiple of approximately 29 earnings per share of $7.80. Over the past five years, Visa has been able to grow earnings by 15% per...
It has been almost 8 months since we called for a heavy buy on Visa Inc (V) following the long term Channel Down upward break-out (see chart below), an analysis that attracted such interest that was featured on TradingView's Editors' picks: As you can see, that projection is so far flawless and Visa is cruising into a new Bull Cycle. At the moment, the price...
🔹Strong development within a rising trend channel in the medium long term. 🔹Moving within a Rectangle Formation between support 223 and resistance 237. 🔹POSITIVE signal Rectangle Formation with breakout resistance 211. 🔹Support is 216 if negative reaction occurs and next resistance at 266. 🔹Technically POSITIVE for the medium long term. Chart Pattern; 🔹DT -...
Visa - 30d expiry - We look to Buy a break of 236.11 (stop at 230.38) The primary trend remains bullish. This is currently an actively traded stock. Trading volume is increasing. 235.57 has been pivotal. A break of the recent high at 235.57 should result in a further move higher. There is no clear indication that the upward move is coming to an end. Our...
Visa showing signs of weakness... Here is what we're seeing with Wyckoff Distribution
Visa - 30d expiry The primary trend remains bullish. This is curremtly an actively traded stock. Trading volume is increasing. 235.57 has been pivotal. A break of the recent high at 235.57 should result in a further move higher. There is no clear indication that the upward move is coming to an end. We look to Buy a break of 236.11 (stop at 231.38) Our...
Visa is one of my favourite and most consistent stocks. But these charts are everywhere on the stock market. Charts like this. Purely upwards. I am just using Visa as an example. Lacking a bear market these stocks are pure gems. Ride the curve towards the stars. If you want more proof check out GOOGL, MSFT even BTC
If you haven`t sold V Visa here, for a better reentry: Then analyzing the options chain of V Visa prior to the earnings report this week, I would consider buying the 230usd strike price Puts with an expiration date of 2023-6-16 for a premium of approximately $5.65. If these options prove to be profitable prior to the earnings release, I would sell at least half...
Visa is moving just under the resistance at $235.85 – vis-à -vis with this mark, so to speak. Soon, the share should climb above this level, though, to complete wave b in magenta. This done, it should return below $235.85 and continue the descent below the support at $208.76, dropping into the turquoise zone between $204.28 and $187.10. There, the stock should...