With weekly time-frame analysis, Visa is experiencing a bearish downtrend that will go down around the $260 mark. However, my analysis suggests that this trend is likely to be followed by a last bullish leg that could take the stock price to over $300.
Visa Inc. (NYSE: NYSE:V ) emerged as a beacon of strength in the stock market, propelling the Dow Jones Industrial Average alongside Boeing (NYSE: BA) following its robust quarterly results. Analysts responded with enthusiasm, hiking their price targets on Visa stock as they anticipate accelerated growth in the coming quarters.
Visa's stellar performance in its...
In the wake of Visa Inc.'s impressive fiscal second quarter 2024 results, with net revenue soaring by 10% and payments volume surging by 8%, investors have been quick to celebrate what appears to be a positive indicator for the economy. However, a deeper dive into the current state of consumer credit card debt reveals a more troubling narrative.
According to...
4/23/24 - $vrockstar - well priced, probably beats, defn not a short. or a short upton a pop. 4% yield for a duopoly is not worth betting against. 25x 2024 EPS of $1 is about $250 and realistically this mkt will want to pay 30-35x for this which means it's actually probably a buy, disgusting but just not worth the "alpha"
The price plateaued on a daily support zone and is already giving strong trend reversal signs. Will the price retest ATH one more time or will it keep ranging between 275-285? Regardless, the price is in relatively good buy zone.
Overview:
The technical chart of Visa Inc. reveals a confluence of bearish signals across multiple indicators and timeframes. Despite this, certain elements offer a glimmer of optimism for bulls seeking a trend reversal. Below, we delve into a detailed analysis of the price action and technical indicators, setting speculative price targets for traders to...
For 6 years it has been a long long baby baby overall. 2022 was a downtrend. 2023 was a lot of sideways chop but still made gains. and now in 2024 a new base may be formed. I imagine the $260-$250 price will be heavily contested!! This has been a long forever since 2015 and beyond.
In the financial sector, Visa Inc., a leader in digital payments globally, is getting closer to a critical support area and appears to be headed for possible decline. since Visa's shares approach this pivotal level, investors and experts are keeping a careful eye on it, since it may signal a change in market mood. In the days ahead, a number of factors could...
Visa (V): NYSE:V
Visa, a key player in the financial sector, is currently in the overarching cycle of Wave (5). It appears we've concluded Wave (4) at $174.60 and are on the path to finalizing Wave (5). However, this process will take some time, as we are now in a subordinate Wave 3, which is on the verge of completing a circled subordinate Wave...
Visa (V) has been trading within a long-term Channel up pattern since the October 13 2022 Low. The 1D MA50 (blue trend-line) has been in support of the latest Bullish Leg since November 02 2023, so there is a long-time that the stock hasn't given a healthy pull-back for medium-term buying.
This has come in the past in the form of an approximately -8.00%...
Visa has been in a sustained uptrend. Recently, it's established an even steeper uptrend! Couple that with the fact that it has a history of running UP into earnings (an average of 3.75%) and options volatility is at a near all-time low... sounds like the reasons are stacking up in favor of buying calls and riding them into earnings!
Hello everybody
I think VISA is long in short time It is your responsibility to check and tade with yourself This analysis has an educational aspect .
Dont go into details and short timeframe
Trade with your little money and Invest with your big money
Good Luck
5 good reasons for NYSE:V stock
1. Bounce from the value zone
2. Rising MACD histogram
3. Buying Volume coming in
4. Pocket Pivot on the last day
5. Analysts have set a mean price target forecast of 160.17. This target is 20.33% above the current price.
What's your take on Visa?Comment below
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Visa (V): NYSE:V
Visa , a key player in the financial sector, is currently in the overarching cycle of Wave (5). It appears we've concluded Wave (4) at $174.60 and are on the path to finalizing Wave (5). However, this process will take some time, as we are now in a subordinate Wave 3, which is on the verge of completing a circled subordinate Wave...
Good support for NYSE:V at $274 now ready with a bearish test of the ema 21/50.
A break below would create negative price action and bearish crossover.
Our Bearish alert already popped up.
VISA is a household name that plays a vital role in the global economy. Governments are working on filling the cracks exposed by the COVID-19 pandemic and this is leading to other economic complexities that have increased credit risks from a government and household perspective.
Just in case things go south, our orders will be filled at the levels indicated on...
Visa has a pattern to trade lower after the earnings and then rally after few months.
That`s why, analyzing the options chain and the chart patterns of V Visa prior to the earnings report this week,
I would consider purchasing the 275usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $13.15.
If these options prove to be...
The integration of artificial intelligence into financial analysis marks a significant evolution in how market data is interpreted and utilized for investment decisions. AI, with its capacity for processing vast datasets far beyond human capability, offers unprecedented insights into market trends, risk assessment, and prediction accuracy. Financial analysts,...
