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,...
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...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
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...
If you draw a trend since 2011, it looks like it can retest the $134 level (which has acted as major support levels multiple times. I would not buy at current levels.
Here is my Visa inc. report. As per the report, you should buy and hold Visa for a longer term as it consistently shows upward strength and growth throughout its time.
Hello everyone, as we all know the market action discounts everything :)
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It looks like Visa Bearish movement has ended when a Breakout of the Descending Channel happened on the 23rd of Sep. after that the stock has started moving sideways with a...
Hello everyone , as we all know the market action discounts everything :)
on the 26 on June i posted an idea where i talked about the state of the Visa inc Stock market and how it seems to be going in a bullish way , today we see that the market moved just as we thought it was gonna move where the market price moved from the range of 235.61 up to 246 range with...
Easy calls. You will want to play the breakouts either bottom or top range.
Key levels to watch 201 resistance and 187 support.
Breakout above you will look to hold till the highs of 214 for a nice take profit. Before taking profit at that level see how strong volume is and look for a breakout above. If breakout above hold it.
Break below support of 187 its...
hidden bullish divergence, a situation in which the oscillator produces a lower low while price maintains a higher low. Visa is a very consistent stock and has produced some great returns.. Very nice opportunity for a long entry if you don't believe in cryptocurrency's power ;) Currently sitting on grey EMA.
Possible psychological resistance at $200 a share, wouldn't recommend shorting this as this is a very consistent stock, providing steady returns, however it will be interesting to see what occurs once price has broken the $200 milestone. Also sitting at top of regression trend, which may lead to a small pullback
