phoenixfre1990

Visa - Potential technical rebound

Visa (NYSE:V)  
NYSE:V   Visa
1. Fortune_TD, Fortune Banker trend :

Fortune TD 9, TD 13and Force 9 (from 25 Sep) show the trend exhaustion range, the green bar shows this is a potential share pull back. .
Fortune Banker trend, green line shows the banker chips flow in at the bottom, red lines show the profit money at bottom as well, then short money cross its 5 days average, potentially an uptrend begin.

2. First Up and Retrace :
03 Oct 2022, short money trend line gold cross, followed by the bottom exhaustion range signal TD 9, 13 and Force 9
First up happened followed by a the retrace as indicated by TD and share pull back signal.

3. Diverge:
Fortune Crown, red dot shows the share price is at bottom, and there is a bottom divergence today, the green bar momentum shows a positive momentum, potential uptrend after divergence.
Fortune Banker trend, short money trend line shows the bottom divergence, potential uptrend begin.

4. Summary:
Based on above analysis, there is a potential of technical rebound after a mid term down trend, cut loss 184.66.
Comment:
Catch the bottom again!!!
Comment:
Close some long position, high potential a pull back is coming
Comment:
it is time to buy it back
Comment:
194 is the support, as there is a gap between 25 & 26 Oct. However, the upward momentum is weak
Comment:
still not yet break out the gap, be aware the risk
Comment:
okay, slowly +++
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