Visa
Long

Technical Analysis on Visa (V)

Visa's stock (V) shows a clear long-term uptrend.

Following a decline in 2022, it regained its 2021 highs in early 2024, breaking through resistance and continuing its upward trend.

snapshot

The stock reached new highs around the $290 area, then retraced, forming a bullish flag pattern, down to a support area near $250.

snapshot

Currently, it is testing the highs again in the $290 area, reached via a gap up after positive earnings and revenue announcements. If it confirms a breakout above resistance, with a potential retest, the stock could continue its bullish trend.

snapshot
flagbullishMultiple Time Frame AnalysissupplyandemandzonesSupport and ResistancesupportandresistancezonesvisavolumeanalysisvolumeprofileanalysisVolume

Disclaimer