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Visa

Visa Is Starting to Rise Up !Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ It looks like Visa Bearish movement has ended when a Breakout of the Descending Channel happened on the 23rd of Sep. after that the stock has started moving sideways with a small edge to the upper direction. The breakout point has formed what seems to be a solid support level where the market was able to bounce twice from. The 19th of Oct was a great day for the stock where the market value has jumped from 228.27 to 233.52, a 2,2% increase in 1 day and this bullish push doesn’t seem like it's going to stop yet. Possible Scenarios for the market : Scenario 1 : The market seems to be having a good Bullish momentum at the time this will lead the stock value to push up and hit the resistance level located at 235.14, If the buyers were able to gather more force and breakout that resistance then we will be seeing the price zigzag until it gets to the resistance level located at 247.63. Scenario 2 : The Bears might attempt to drive the market back into the descending channel range but they will be met by a big support zone that’s located near the 224.00 range, where a lot of buy power is located, if the Bears were able to drive the price to that level then we will see a big battle where the price will most likely bounce back up and return to Scenario 1 movement. Technical indicators show : 1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign) 2) The MACD line has crossed the 0 line indicating the market changing from a Bearish state to a Bullish state. With a positive crossover happening between the MACD line and the Signal line 3) The STOCH is in the overbought zone with a positive crossover between the %K and %D Daily Support & Resistance points : support Resistance 1) 228.28 1) 232.90 2) 225.90 2) 235.14 3) 223.66 3) 237.51 Weekly Support & Resistance points : support Resistance 1) 222.71 1) 235.17 2) 214.44 2) 239.36 3) 210.25 3) 247.63 Fundamental point of view : Large credit card giant Visa is moving into the cryptocurrency space with its own version of credit cards, opening up opportunities for certain large-cap growth ETFs. With a stake in Visa, ETF investors can play VISA move towards the cryptocurrency space with the Invesco Dynamic Large Cap Growth ETF (PWB). Indicators point to continued Q4 strength in the domestic air travel recovery, and that's good news for Visa. The 7-day moving average of U.S. COVID-19 cases, a leading indicator for domestic restrictions and travel, continues to decline since mid-September and Transportation Security Administration screenings as a percentage of 2019 levels improved to 85% from 83% in Evercore's prior Global Air Travel Tracker issue. This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
NYSE:VLong
by GabiDahduh
Visa Inc. (V) bullish scenario:The technical figure Triangle can be found in US company Visa Inc. (V) at daily chart. Visa Inc. is an American multinational financial services corporation. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards, and prepaid cards. Visa is one of the world's most valuable companies. The Triangle has broken through the resistance line on 16/10/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 19 days towards 240.18 USD. Your stop loss order according to experts should be placed at 218.63 USD if you decide to enter this position. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:VLong
by legacyFXofficial
$VVisa the largest global electronic payment solutions company, gained a meager 5% – increasing from about $219 at the beginning of 2020 to around $230 currently, underperforming the S&P500, which grew 20% over the same period. However, the company’s payments volume has seen some recovery over the recent quarters – nominal domestic payments volume and nominal cross-border volume increased 18% and 10% year on year in Q3. There were two clear reasons for the improvement in payments volume: First, easing of travel bans and Covid-19 restrictions in several countries, second, the U.S. government’s approval of the $1.9 trillion coronavirus relief package in March. Visa without question is a strong company. Visa had a slight pullback as it started to get a little overbought on the daily, now it’s coming out of oversold territory. A nice clean break of downward channel has been broken and we could be seeing a good old retest of previous resistance to see if it’ll act as support. Watchlist. - Factor Four
NYSE:VLong
by TheBlankFund
VISA LONG Since the end of 2020, Visa stock has been on a steep climb. Indeed, after rising more than 40% from November 2020 to October 2021, the stock reached its annual highs at $251.77. The stock is now trading at $225.56 just above our pivot point at $215.50 (blue line). In addition, the stock is in an ascending channel and currently near the lower bound. But the 200-period moving average is still at $223.73, which confirms our bullish scenario. We anticipate a continuation of the rise towards $233.00 (first green line) at first and then towards $249.20 (second green line). Alternative scenario: A clear break of the pivot point at $215.50 (blue line) would lead to a return to $206.72 (red line).
NYSE:VLong
by DTExpert
$V Analysis & Key Levels - REQUEST - I hold no position$V Analysis & Key Levels - REQUEST Ok, Radu5, so $V does not typically stay under the 180 EMA (Purple) for too long. The average is around 10 days. (22 days if you count the crash of 2020 in March.) And so far it looks like the 180 EMA is trying to be support but I think it will break under just looking at the MacD . The MacD is under zero and as long as it’s under zero it’s in the bear zone. Again… it doesn’t seem to stay there very long. SO… if you’re going to add to your position, do it at the support levels only (Green lines and numbers) Once you’re back above the 180 EMA and the 35 EMA you’ll be back where you want to be. Once it’s above the 35 EMA you’ll be above the 0 on the macD and then just hold for as long as the MacD stays above 0. I don’t know what indicators you use but if you just add 35 EMA , 180 EMA and a MacD that should be enough to let you know where to enter and where to exit a trade. I hope this helps. ————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Red = Resistance Green = Support Blue = trendlines Have fun, y’all!!
NYSE:V
by SPYder_QQQueen_Trading
4
V: Triple BounceVisa has been bouncing clearly on ema 200 and also on bull trend line, 3 times! Very clean and Rebound. Bounced off a major support level at $220 beautifully. Visa has been trading at a very rich valuation, over 40x earnings and 20x sales. Its been selling off recently, down about 10% from all time highs. MACD is bouncing to positive and there is a V bounce at RSI. Revenue growth has been strong despite the pandemic and the company continues to make acquisitions to lead the fintech sector.
NYSE:V
by yflaw1018
1