Visa has barely moved since February, but traders could look for that to change as a new quarter approaches.
The first pattern on today’s chart is the series of higher monthly lows since December.
Those have been followed by higher daily lows since May 31. Prices were trapped below a high from April 2022 until jumping yesterday. That broke the top of an...
🔹Strong development within a rising trend channel in the medium long term.
🔹Moving within a Rectangle Formation between support 223 and resistance 237.
🔹POSITIVE signal Rectangle Formation with breakout resistance 211.
🔹Support is 216 if negative reaction occurs and next resistance at 266.
🔹Technically POSITIVE for the medium long term.
Chart Pattern;
🔹DT -...
Visa - 30d expiry - We look to Buy a break of 236.11 (stop at 230.38)
The primary trend remains bullish.
This is currently an actively traded stock.
Trading volume is increasing.
235.57 has been pivotal.
A break of the recent high at 235.57 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
Our...
Price is literally hanging on the support line.
Neutral pattern until broken and also known as a Horizontal Channel.
No recommendation.
52 Week Range
174.60
238.05
Day Range
216.14
220.36
EPS (FWD)
8.59
PE (FWD)
25.81
Div Rate (FWD)
$1.80
Yield (FWD)
0.81%
Short Interest
2.06%
Market Cap
$454.17B
NYSE:V might see a breakout to the $244.86 price level if it breaks out from the $235 price range. If it hits $236.50, then that may be a good entry into this small bullish run.
NYSE:V has tested the bottom support trend line multiple time now, and has shown that it's strong. When NYSE:V breaks out of the $235 range, then it may head towards the $244.86 price target.
Visa - 30d expiry
The primary trend remains bullish.
This is curremtly an actively traded stock.
Trading volume is increasing.
235.57 has been pivotal.
A break of the recent high at 235.57 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
We look to Buy a break of 236.11 (stop at 231.38)
Our...
NYSE:V #Visa After retesting the multi-year trend line Visa broke out of the descending wedge. Currently at resistance. Could head to $251. Downside risk is $211.
👀
According to a recent survey by Bankrate, 49% of U.S. adults have less or no savings compared to a year ago. This means that nearly half of Americans are living paycheck to paycheck and are not prepared for an unexpected expense.
The bankruptcy rate in the United States has been declining for the past 10 years. In 2015, there were 741,000 bankruptcy filings, but...
Visa is one of my favourite and most consistent stocks.
But these charts are everywhere on the stock market. Charts like this. Purely upwards.
I am just using Visa as an example.
Lacking a bear market these stocks are pure gems.
Ride the curve towards the stars.
If you want more proof check out GOOGL, MSFT even BTC
If you haven`t sold V Visa here, for a better reentry:
Then analyzing the options chain of V Visa prior to the earnings report this week,
I would consider buying the 230usd strike price Puts with
an expiration date of 2023-6-16
for a premium of approximately $5.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half...
Visa is moving just under the resistance at $235.85 – vis-à -vis with this mark, so to speak. Soon, the share should climb above this level, though, to complete wave b in magenta. This done, it should return below $235.85 and continue the descent below the support at $208.76, dropping into the turquoise zone between $204.28 and $187.10. There, the stock should...
- 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...
![V: V - Rising Trend Channel [MID -TERM]](https://s3.tradingview.com/j/jadTtfjz_mid.png "V - Rising Trend Channel [MID -TERM]")
![V: V - Rising Trend Channel [MID TERM]](https://s3.tradingview.com/q/qsHxpYF1_mid.png "V - Rising Trend Channel [MID TERM]")