MaBaCapital2

New stock in the portfolio

Long
Visa (NYSE:V)  
NYSE:V   Visa
Good evening fellow investors.

If we just look at the fundamental data that we got from the company in March we can see that the fundamentals are overall very good and that most of the earnings and incomes are increasing and the difference between the assets of the company and the liabilities are getting bigger which is also a good sign. Overall for me the company at the moment just looks to good to skip and not invest into it. I did already buy some shares @$199.00 and I am looking to buy some more maybe. First now I will be waiting the see how the price will react when we get back up to the wedge that we can see on the chart.
If we get a break of the support zone that we see on the chart I will be looking at it all again because as I see it now we will not be breaking that level. I also think that we won’t retest that level the next months.

If you have any questions feel free to send me a message.
If you like the idea do not forget to give it a like and feel free so share your idea on this in the comments.
Everything you see on my profile is just for educational purposes only.


Comment:
Okay so we can now see that we got another touch on the wedge and we can see that it was not able to go above it this time and reversed off it again. We are for now still waiting for the wedge to be touched and broken.
Stock is in some profit now so happy with that overall. Just going to keep looking at it and waiting for the break to happen.
If you have any further questions feel free to send me a PM.
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