🔹 Last week, VISA experienced a decisive break below a long-standing ascending channel, marked by an unambiguous weekly and daily close. This occurrence constitutes a potential bearish signal, which may swiftly herald the commencement of a substantial downtrend.
🔹In scrutinizing Fibonacci retracement levels, it is notable that a definitive rebound materialized...
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.
Weekly Chart of Visa.
Visa has had a very long and steep run from 2008 to 2021.
The Corrective Wave looks like a 3-3-5 regular flat correction, where the B wave retraced more than 90 percent of A wave. Currently, C wave is forming. Wave 1 of C wave has formed and wave 2 of C will retrace further, maybe even up to 78.6 percent of wave 1. There is support from...
Visa processes more than $11.6 trillion in gross dollar volume (GDV), made up primarily of digital payments with the remainder being things like ATM withdrawals, B2B transactions, etc. Alongside Mastercard, which is en-route to process $9.2 trillion, this makes Visa one of the two largest payment processors in the world. The company evidently has a wide moat that...
📶 S T A T I S T I C A L A N A L Y S I S
Current 50-Day Market Trend: short/sellers/negative.
Next Swing: positive to resistance.
Next Wave: buy wave to the ceiling.
Next 50-Day Market Trend: long/buyers/positive.
Trade Type: Touch & Go don't wait for a close.
💵 E A R N I N G S A T A G L A N C E
Release Date: 10/24 AMC
Quarter:...
If you haven`t sold V Visa ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of V Visa prior to the earnings report this week,
I would consider purchasing the 230usd strike price Puts with
an expiration date of 22023-11-17,
for a premium of approximately $5.15.
If these options prove to be profitable prior to the earnings...
NYSE:V
Bullish Target Price 1: $241.81 appears as an immediate resistance point, given the horizontal line drawn around that level.
Bullish Target Price 2: If the stock manages to exceed the first target, the next potential bullish target is $244.73.
If the stock price falls below the bearish line located at $238.33:
Bearish Target Price 1: $237.67 seems to be...
Visa is rising gradually after finding Support firmly on the MA200 (1d) and the bottom of the Channel Up.
In accordance to the previous Channel Up rises, when the MA50 (1d) closes a candle over it, the rally will be confirmed.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 252.90 (All Time High).
Tips:
1. The RSI (1d) rebounded from below the...
Hello There!
Welcome to my new analysis about VISA INC STOCK on the 4-day timeframe perspective. In the recent times the stock market is developing highly differently with stocks that show either bullish or bearish inclinements. In such times it is necessary to pick stocks that have bullish potentials as long-candidates and stocks that have bearish potentials...
Entry: with price above 245.37
Volume: with volume greater than 4.33M
Target: 256.92 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 245.38, 241.38 gets you 3/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is...
Visa has been trading inside a Channel Up pattern but lately with the 1D technicals neutral (RSI = 50.905, MACD = 0.560, ADX = 28.391). This is despite staying on high levels, finding support on the 1D MA50.
As long as this and the Inside HL trendline hold, we are bullish, aiming at the Inside HH (TP = 251.00). If the price crosses below however, it is very...
Visa has formed a large level double top
This figure shows the weekly candle chart of Visa's stock from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the combination of last week's high point and 2021 high point of Visa's stock has formed a large level double top shape,...
Wait for Breakout
Stoploss and target given in chart
FUNADAMENTALS
With a Price/Earnings ratio of 28.84, this script can be considered expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio.The Price/Forward Earnings ratio is 23.99, which indicates a rather expensive current valuation.
its Profit Margin of 51.02% is amongst...
If price breaks downwards after rejecting from the highest high then this trade is live . I woud wait for it to break structure and short on the rejection from the neckline to a profit target of the trendline, (.618) or volume profile. Just a for fun idea , lets see what happens
Pretty good risk to reward ratio IMO. NEO:VISA has been forming this long term ascending pattern and looks good to keep going. This is a long term boring trade that will most likely take months to grind higher.
The real question is whether or not we get a pull back to the moving averages. If the market continues up from here I would expect this to do the same.
Cheers
VISA has been in an uptrend since October 2022.
The price created the rising wedge pattern which is a bearish formation.
The positive momentum on MACD is decreasing.
Enter a short position at the successful breakdown of the formation.
Stop loss and target for shorts are shown on the chart.
Good luck
