$V is at a crucial level. From FIB ratio point of view, we are right at 80% Oct-HL to Nov-H this means if price moves above $146.9 it may easily attract more buyers that drive the price to 127%. U can join us as usual www.woowtrading.net
With a p/e ratio of 138, many wonder how much higher V can go without a meaningful pullback. Fundamentally a strong company with a forward p/e of 19.5, this rise could continue for quite a while, or not.
An imprtant target is the 150 area and that is reachable without negating the Intermediate Term short.
We have identified entries, the larger of which is for...
Here in London there has been a serious amount of spending going on due to the Olympics and Visa were an official partner meaning every single transaction went through them so it's no coincidence that the chart is decent too.
Breaking out today with a new 20 day high on above average volume.
The hammer candle on Friday pulled off the bottom channel strongly with volume. The price action on the recent retracement looks more passive and consolidating than previous retracements. If $126.5 does not hold, I'd be tempted to take a short position.
