Beginning testing phase using my system in the stock market!
Aiming for being able to use it for my own personal longer term investments, ideally to diversify and sow multiple income streams!
The strategy is simple but very systematic and well defined and it's taken me many years to really put together every part of successful trading down to the most intricate...
Reconnaissance
Our black screen plays so far are around 11/0
That is 11 wins and 0 loss. Meaning price hasn't
hit stop loss red line.
Exact stats coming in 1-2 weeks. Giving candle sticks
time to develop.
This one should be another hitter. All cylinders seem
to be well engineered
Visa (V) is poised for strong double-digit earnings growth as the global trend of cashless transactions continues.
The stock is valued attractively based on multiple years of growth.
Visa's stock is likely to outperform over the long-term based on valuation, growth, and earnings upgrades.
Visa's daily chart above shows a positive upward trend. The stock recently...
If you haven`t sold V Visa here, to reenter on the buy area:
Then you should know that looking at the V Visa options chain ahead of earnings , I would buy the $222.50 strike price Puts with
2023-1-27 expiration date for about
$3.64 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read...
Earnings have past with a beat. Next report in April.
W pattern and if the 4th leg is complete, it turned down at the 1.414. I can not find this pattern anywhere but has been common as of late. I call it W 4.414 and M 1.414. !.414 is the square root of 2.
Price is above the .235 of the trend up.
The PEAD projected a Bullish outlook for $V after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 42.86%.
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Double top with clear retest of breakdown of multi year channel as seen below. Confluence of these conditions makes Visa a great short candidate back to support zone in purple below.
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
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.
Bullish Divergence on the annual time frame indicating Visa is setting up for a blow off top to make new all time highs. Only time will tell. But as the use of digital payments continue to rise. so will VISA stock price imo.
Bollinger band suggest the counter is ready to make a breakout
multiple times respected bollinger band earlier as shown in the chart.
the counter in past have seen support from mid or lower band
while resistance at the upper band along with retracements at mid band when in uptrend.
which sugest the counter is a good candidate to play via BB
