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
According to the Butterfly pattern and the Fibo, the decline to the target of $ 160 ideally converges. We should reach it by spring, there will be a great point for going to long.
macro: snp500 QQQ uptrend, earnings beat
News: unemloyment lower than expected
TA : ema bounce
entry: bullish Price action
STOP: rolling till worthless options
TP: holding until expire
risk: market downturn after very strong first half, fed continue rise interest rate
If you haven`t sold Visa on Ukraine's exposure:
or this Double Top:
Then analyzing the options chain and chart patterns of V Visa prior to the earnings report this week,
I would consider purchasing the 235usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $3.60.
If these options prove to be profitable prior to the...
Visa's Upcoming Financial Results: An Informative Overview
Introduction
Today July 25th, Visa, a renowned financial services company, is scheduled to release its latest financial results. This event has garnered significant attention from investors and analysts alike, as it provides valuable insights into the company's performance and prospects. In this overview,...
NYSE:V EARNINGS Analysis, Key Levels & Targets
Implied move for earnings today is between 230 - 249 (3.71% move)
I do not have a position here but looking to the downside from here…. Alerts set at 230 & 222
We seek the development of a strategic chart indicator capable of visually concealing differentials between two financial instruments on a singular chart. Presently, we utilize a conventional approach whereby one instrument is opened and juxtaposed with another, resulting in the observation of two distinct lines. To enhance the efficacy of pairs trading, a hedge...
Equity Trade Idea of the Week: V
It’s not every day that a world-class company trades at an attractive price.
Here’s how I see the company’s valuation…
Visa is currently trading slightly above its technical BUY ZONE, at a multiple of approximately 29 earnings per share of $7.80.
Over the past five years, Visa has been able to grow earnings by 15% per...
The height of this structure is small.
Rectangle targets can be guesstimated by projecting the height of the structure it up from the Resistance line or down from the support line.
T1 partially met.
No recommendation.
It has been almost 8 months since we called for a heavy buy on Visa Inc (V) following the long term Channel Down upward break-out (see chart below), an analysis that attracted such interest that was featured on TradingView's Editors' picks:
As you can see, that projection is so far flawless and Visa is cruising into a new Bull Cycle.
At the moment, the price...
AB=CD pattern at the of this constellation. We have cracked the top side of ABCD triangle on a climbing momentum. Hugging the top 2s.f. line of the Bollinger bands on a slightly trending Bollinger MA. Chaikin does show dropping vol, but I believe this to be part in parcel of general Wave B behaviour. Could be developing an inverted head and shoulder pattern in B...
www.shine.cn
Now with the Covid-19 becoming a history of the past and China aggressively opening up to the world, the tourism market will accelerate the usage of credit cards by overseas travelers in China. This bodes well for credit card company like Visa.
I believe moving forward, we can expect the chart to show a breakout of the resistance at 234 level and...
Select number of stocks based on your own fundamental criterias. After that you just need to identify the sentiment/trend of each stocks. The most basic and easy way to identify it is the 20ema/50ema situation in the Daily TF (you can zoom in or zoom out to different TF. Up to you).
When 20ema is above 50ema, then move to a smaller TF to time your entry, to find...
