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...
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%.
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.
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
Hello all,
This is my price action analysis of VISA. Over the period of time, we can see Support and Resistance levels formed which have been tested a couple of times throughout the year. All this happening in a downtrend with each testing of the Resistance doing e lower high. In late September the price broke through the support level after which it formed a...
NYSE:V failed to break above 218 in June, July and August of this year. It retreated, and is taking another run at it.
I'll probably buy some puts if it reaches 217.50 or so ... with a tight stop loss ... I'll cut my losses if V reaches up to 220.
Visa - 30d expiry - We look to Sell at 216.49 (stop at 223.41)
We are trading at overbought extremes.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Bearish divergence is expected to cap gains.
We look for a...
VISA formed a rising wedge on the 4hr time frame and broken its support. Secondly on the daily time frame VISA formed a descending channel which it broke out of and reentered due to a false break out. Current play is $200 puts out for Jan-Feb
:)
Is this a fakeout or is this a breakout. Wondering why ex speaker would sell all of her shares? Not entering until I see price action, break above recent highs outside channel or a break back down below the channel. Will zoom in for entry.
Overall, We could see a green day tomorrow due to the fact we had 4 red selloff days in a row... so probability has it a 5th...
