V breakout following tonnes of buying pressure
Updated
V (Visa) is making new all-time-highs following a tonne of buying volume that kicked in last week.
Looking at the weekly or even monthly chart, it's clear that V has been doing very well through the years.
This is definitely one to keep your eyes on and one to have in your long term portfolio as it pays out dividends as well.
Final thoughts:
* Look for buying opportunities around the $236.30 to $237.50 range
Looking at the weekly or even monthly chart, it's clear that V has been doing very well through the years.
This is definitely one to keep your eyes on and one to have in your long term portfolio as it pays out dividends as well.
Final thoughts:
* Look for buying opportunities around the $236.30 to $237.50 range
Note
Retested the broken resistance yesterday which should now serve as support.It seems like it'll consolidate here for a bit before moving higher.
Note
Right now it's in the perfect range for buying!Note
Yesterday made a bullish pin bar that clearly shows demand around this price. Looking at the weekly time frame, this week came half way of last weeks bullish pin bar which is a healthy move following a weekly pin bar.I'm buying a few now with a trailing stop set.
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