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Visa

V break out from consolidation in play, but need confirmationA rising wedge appears to have formed inside the two month flattish consolidation channel. Touching upper bound Should we see a break out, measured move to 215; Conversely, should support be breached first, target 193/4 but expect the consolidation channel to hold Risk award skewed towards upside, but waiting for ES1! to resolve here first before a major next leg move in V Current position: Flat Disclaimer: These should be seen as the commentator's Notes to Self. Hopefully educational but aiming for entertaining. No legal or financial liabilities should be pursued from these materials.
NYSE:VLong
by cicizzyu
V - 11.08% Potential Profit - Corridor BreakoutCorridor Breakout out of a 2-month correction, support confirmed multiple times on the 5 min. Target price set at a new potential resistance line. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal Suggested Entry $203.08 (Limit) or $205.71 (Stop) Suggested Stop Loss $199.27 Target price $227.91 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
NYSE:VLong
by maschera
1
VISA, Solid Breakout Of Channel, Aiming Targets To Reach!Hello Traders Investors And Community, Welcome to this analysis where we look at VISA 4-hour timeframe perspective, the recent events, the current formational structure, what to expect next times, and how possible entries with the ongoing price-action can look like. The stock has shown some significant steps and meaningful confirmations recently which I detected are important factors for further developments. Looking at my chart you can watch there that the stock just broke above this huge ascending parallel channel marked in blue, this breakout occurred with heavy volatility and solid upside movements, the next times we can expect the upper boundary once more to be tested and confirmed as it is marked in my chart, there is a high possibility given that this support holds sustainable as there is also coming the 60-EMA in black together with the upper boundary forming a coherent support cluster in this range. When the stock bounces up from there we can expect the upside targets to be reached which are lying at the 215 level in the chart when the stock approaches these levels it is important what it will do further if it just moves on bullish or there is a correction when not bigger pull-back showing up visiting lower levels in the range. Overall the stock established some decent bullish structures here which have a good and appropriate potential to confirm further bullishness and follow up with higher highs, therefore it is important that the stock manages to hold the range and don't falls below the 200-EMA which will firstly invalidate the bullish case, nevertheless as there is a strong volume in this level the possibility for a bearish breakdown is quite marginal. In this manner, thank you for watching, support for more market insight, all the best! "Astonishing claims require astonishing results." Information provided is only educational and should not be used to take action in the markets.
NYSE:V
by VincePrince
3
VISAPossible downtrend. It has reached a key resistance level which has been retested multiple times in the past. Right now, it attempted to cause a breakout but failed due to 2 strong bearish candlesticks. The price also did not break thru the previous false breakout of 202.89. What I think will happen is that the price will retrace back to the key support level for now. Will decide my position again depending on the next candlestick after it reaches the support - if it goes bear or bull. Based on the larger time frame, it has been trading in a horizontal channel since May. However, I can see an ascending triangle forming as well hence possible retracement before a bullish continuation. We should wait for further confirmation/go long on retest Do drop me a like and share with me your analysis!
NYSE:VShort
by TraderXR
Visa: A strong long-term bullish wave possible.VISA INC has been consolidating within the 186.00 Support and 203.00 Resistance since May. Naturally the 1D chart is mostly neutral (RSI = 57.741, MACD = 1.000, ADX = 19.304). However we see a bullish divergence both on the MACD and RSI indicators similar to the July - October 2019 consolidation. We are ready to buy Visa if the 203.00 Resistance breaks. ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly appreciated. ** Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. **
NYSE:VLong
by InvestingScope
2