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Visa

VISA - DAILY CHART Hi, today we are going to talk about Visa and its current landscape. As nowadays we live in a consumerist society and access to a credit card has continually become easier to obtain, is reasonable to predict that the card debts are also going to rise too, as financial education isn't the strong point of U.S consumers, and are used to the debt culture. The heat up U.S economy put credit card companies in a more comfortable zone as the unemployment rate remains near to historic lows, which helps customers to keep up with their bills. However, the question that worth to be raised here is, if the 90 days past due card debt is probably surging to 2.01%, the highest level since 2010 amid a heated economy, what is going to happen with this type of debt, once the U.S economy make its first downward movement of correction and make harder for customers pay their credit card bills. Even with the credit card issuers tighten their credit standards, we can't be sure it's going to be enough to avoid a crisis on the sector, which could lead to a flood of bad debt, decline of new credit card issuance and other types of liabilities. This scenario could mean concerning news for Visa if the company doesn't progressively start to deploy the proper countermeasures for this scenario. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
NYSE:V
by Igor-Silva
$V Potential Short Swing Setup Forming I have been watching $V for a while now, along with $MA and some other major credit card companies. In particular, $V is interesting to me because of its clear pattern in volume on the 1M chart: On top of that, it is approaching this bear divergence line on the RSI: While it is not there yet, the weekly is showing some signs on the RSI that a dive lower might be in order: As we cross 20, it is likely we will close in on 0, and that could lead to some serious oversold levels on smaller time frames. One other notable thing is that we are very close to the top of this expanding wedge, and have now seen some sharp selling after the last two thrusts on the weekly: The 1D shows that we are right on the trend line, and if we fall, it will likely be sharp. RSI is also still a bit bearish here, having just crossed below 20 on the close today: The 4H is just as bearish, with this dead cat bounce leaving us at a close on the trendline: Basically, if this rallies off this trend line but fails to make a higher high before exhausting on the 1D RSI, or it plunges below, I think you are safe to open a short position. With confirmation, I think you are safe to target the $166 and $156 price levels from here on the daily:
NYSE:VShort
by UnknownUnicorn3126937
1
Visa. Examining potential downside risks. VAssessment: Neutral Hold- Going Long. Market Climate: Bull controlled, increasing volatility. Industry: Financial Services Indicators: None Patterns Identified: Harmonic ABCD Macro Broadening Wedge Visa has seen steadily rising bullish accumulation since first breaking out in December 2012. Since then, the security has experienced a change in price of roughly 612%. The security has been methodically traded between two ranges demonstrated through the broadening wedge depiction. More importantly, the stock has broken beyond the major resistance line of the broadening wedge, pulled back, and continued a break out extension symmetric to the pole of the wedge structure. However, with mid-2018 to late 2019 thus far facing significant increases in overall volatility by a variety of factors, the security is for the short-term from a technical standpoint demonstrating an increase of inherent risk to visa bulls. With echoing discussions of an impending recession, international trade tension, the effect of the Fed on the US economy, and the slowing of corporate earnings visa may be in a tight position that could affect the value of the underlying asset. Take note of the harmonic ABCD. The ABCD demonstrates a breakout structure from the stock’s primary macro trend. An ABCD harmonic cresting either at or breaking beyond major resistance typically indicates the potential for change in trend or direction. Although the overall security remains controlled by bullish accumulation, visa bulls may begin to sit sidelined waiting for a more defined consolidation structure. There is also room for down trending to occur back to the previous macro support within the wedge. Similarly, a pullback to the broken beyond resistance line now became support, displays significant area for the stock to decline before a more attractive entry becomes available. Long-term investors who have taken a long approach should consider reducing on other lagging securities while similarly waiting for an activity of greater confirmation. Keep in mind, that a short-term devaluation in the overall underlying asset does not necessarily signify a reversal of control from bulls to bears.
NYSE:V
by CanaryJones
Why I believe Visa is a viable investment.First off let me tell you: ANY CRITICISM IS MORE THAN WELCOME AND IS HIGHLY APPRECIATED! Now that we got that out of the way... Table of contents: § 1 Introducing myself § 2 Talking a little bit about the company § 3 Technical analysis § 1 Hello everyone, let me introduce myself quickly as this is my first post, if you're not interested skip to § 2, and save yourself some time: My name is Bjorn, I am a 20 year old aspiring investor from Norway, I have currently been studying technical analysis and fundamental analysis for the last 6-8 months, and have put in a small amount of my own money to test myself to see wether or not I am profitable at this stage, and in the last 3 months although I have not gained a lot, I have contained my losses to a minimum, and I have made around 0,5% (which is a joke to me but as I understand it's good compared to a lot of people). § 2 Now let's get to the point everybody! Visa, as we all know, has historically been a really good company, just looking at it's chart long term you will be able to see that few companies compare. I want to warn you I have not done the fundamentals for Visa yet, but here is what I know: 1. In the financial crisis Visa dropped ~40%, only because it was a part of the banking/finance sector, which was unjustified as the company was still doing great. 2. Since 2008, Visa has increased 700% in price. 3. Visa creates bank cards, I don't know if they have patents on the cards, but as bank cards are CE certified (meaning that all cards in the world are the same size so they will fit in all ATMS) it's worth looking into if you are looking to invest, as if it's the case they will basically own 100% of the bank card market (which is huge). 4. It is one of the only companies i've seen that gets pulled down with DJIA(USA30) and rebounds and goes even higher before the Dow rebounds. §3 Now to my technical analysis: As you might be able to see it looks like there was a divergence between the price and the RSI at the last bottom, from which it has rebounded. Now, I am not an expert in technical analysis at all, nor am I even intermediate when it comes to divergences, but if anyone want to chip in you're more than welcome to. Now, I project that price will atleast retrace to the $180 mark before the end of the year, regardless if market fear continues as it has the last year, when it hits the $180 mark I will be looking at taking a profit around the $200 mark. I would also recommend never to short Visa, now you might think "why is that?" well because out of the last 11 years not once has it ended in the negative, which means out of 11 years you have historically a 100% win rate going long and a 0% win rate going short. It's kind of like shorting the DJIA or FTSE, you're basically asking for a 1 win per 9 losses ratio. Again, this is my analysis, if anyone want to chip in and/or criticise my analysis please do as I always keep an open mind! Thank you to everyone reading and have a great day!
NYSE:VLong
by DonBboy