This is Visa Inc. (V) on the 1W time-frame. The primary pattern since the July 26 2021 All Time High (ATH) has been a Channel Down with the price hitting yesterday the top of the pattern for the first time since August 15. The August 15 candle rejection was also made (after multiple attempts) on the 1W MA100 (green trend-line). The pattern is similar to the one...
Mastercard - 30d expiry - We look to Buy at 309.51 (stop at 297.77) The primary trend remains bullish. Support is located at 310 and should stem dips to this area. Short term momentum is bullish. A lower correction is expected. 308.8 has been pivotal. Short term bias has turned positive. This stock has seen good sales growth. Our profit targets will be...
Visa is looking pretty nice to bounce up and break the TL support level above. I guess V could break parallel channel next week
The correlation between Visa and Mastercard creates an interesting investment trick. I began this analysis not even looking for the correlation between these two companies' stock prices. But rather I was looking for some chart patterns using a stock screener. At the top of the list, these two companies emerged. As usual, I was going to go through the stock charts...
Visa Intraday - We look to Sell at 199.64 (stop at 210.66) The medium term bias remains bearish. A sequence of weekly lower lows and highs has been posted. This is negative for sentiment and the downtrend has potential to return. Resistance is located at 200.00 and should cap gains to this area. Preferred trade is to sell into rallies. Our profit targets...
Given FOMC is behind us now and the market is most likely following another leg down I'm expecting a top line rejection off of the large channel on the daily. Rejected off the 200d MA of $218.11. Expect continuing rejection if we get a dead cat recovery at this point, but ultimately I see this impulse retracing back down. Notice the W pattern several bars before...
Founded in Foster City, California, by Dee Hock, this American multinational specialises in global payments technology. Its primary aim is to promote digital currencies among consumers, businesses, banks, and governments. Having built its network across 200 countries and territories worldwide, it is a global leader in digital payments. The company offers three...
visa stock is ready to go deep down all things are mentioned on the chart take it and enjoy :)
Visa and Mastercard restricted transactions in Russia as aggressive penalties on the country over the invasion of Ukraine. Around $1.2 billion of Visa Inc.’s annual net revenue comes from Russia and Ukraine. 4% of Visa’s total net revenue comes from Russia and about 1% from Ukraine. In this case, my price target for the stock is the $187 resistance, while the...
A nice looking zigzag appears to be forming on this one, with what I believe is a completed B Wave triangle. The picture is supported by momentum reversal as well. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red....
Final leg of upgoing zigzag. B wave confirms both end of B downtrend and a beginning of a final impulse up. Cleared 0.618 with no overbought, nor divergences, taking 1.0 as the next best level of potential resistance, after that a very common 1.2. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game....
V (Visa) is making corrective moves along with overall market. Assuming we "bounce" and don't go into a full blown recession this is a concrete trading idea for when to go long. While V could arguably correct from here at the 618, I believe we are in for further downside. Targeting the 786 retrace of the latest swing makes sense. Why take it this? Excellent...
The DOGE is inferior to the inflation rate of the USD and has a limitless supply, albeit the inflation momentum does diminish over time due to a set distribution pace. Although the circulating supply is fully unlocked, the total amount of DOGE is already high. Dogecoin's one-minute block time is inferior to those of other payment processors like VISA. In addition...
This is Visa Inc. (V) on the 1W time-frame. The primary pattern since the July 26 2021 All Time High (ATH) has been a Falling Wedge and the price continues to hold that formation after being rejected on the August 15 candle on the Lower Highs (top) trend-line. With the 1W MA50 (blue trend-line) crossing below the 1D MA100 (green trend-line), the first Bearish...
Ticker Symbol: $V Strategy: Neutral until break either side on Rising wedge Time Frame: 4HR TRENDSI ATS: BEARISH (RED DOT WITH RED LINE) RSI Technical: Bearish. $V is making Descending Triangle Pattern, which is Bearish. Also, formation of Rising Wedge in last couple of weeks, that is Bearish as well. I am still NEUTRAL, until I see breakout confirmation on...
🤖 #BTCLIVE - 05.08 - #IDEA 🤖 70:30 Long-Term Bullish:Bearish Technical Analysis: Current Status: Confirmed a descending broadening wedge - since the 1st August with the latest to failed breakouts. These are particularly bullish patterns - based on historical data showing a 79% frequency of breaking up from them. In the same data set it is claiming a 33%,...
An Idea showing some of the best performing stocks GOOGL AAPL AMZN NFLX V PEP MSFT MCD I find it interesting how they are all converging to the same point. Do you find this observation to be bearish or bullish? Or nothing at all?
The chart shows in yellow index cycles by linking swings of minimum . W= weekly cycles (7-11 days) 2W= bi weekly cycles (12 to 21 days) 12W= three month cyclce (45 to 86 days) every major cycles is made of minor ones e.g. 2W= W+W, 4W= 2W+2W/ 2W+W/W+W+W The chart also shows in white inverted cycles by linking swings of maximum (Same rules are applied as for the...