wavepoint99

V - Rising Trend Channel [MID TERM]

Long
Visa (NYSE:V)  
NYSE:V   Visa
- V is in a rising trend channel in the medium long term.
- The stock has broken up through resistance at 231.
- The short term momentum of the stock is strongly positive, with RSI above 70.
- However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards.
- The stock is overall assessed as technically positive for the medium long term.

*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price

Verify it first and believe later.

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