mcmalloch

$V Head and shoulders

Short
Visa (BATS:V)  
BATS:V   Visa
Visa closed below its 200sma for the first time this year. Looks to have painted a beautiful head and shoulders pattern, however this has not been confirmed yet (no close below the neck line). It does look as though momentum is shifting towards sellers with the lower highs and with bearish convergence on the oscillators.
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