$V VISA Major Breakout Underway
to a cashless online payment society is the beginning of a new phase of growth for VISA and its peers.
I have taken a close look at possible Fibonacci targets to aim for in the breakout.
Long term - $284 for wave target.
medium term - $250 key psychological level.
Short term- $220-$225 to confluence of Fibonacci expansion & extension targets .
Some caution is needed as breakout often require a backrest & indicators are extended.
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