V - Rising Trend Channel [MID -TERM]🔹Strong development within a rising trend channel in the medium long term.
🔹Moving within a Rectangle Formation between support 223 and resistance 237.
🔹POSITIVE signal Rectangle Formation with breakout resistance 211.
🔹Support is 216 if negative reaction occurs and next resistance at 266.
🔹Technically POSITIVE for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
V trade ideas
Visa to break higher?Visa - 30d expiry - We look to Buy a break of 236.11 (stop at 230.38)
The primary trend remains bullish.
This is currently an actively traded stock.
Trading volume is increasing.
235.57 has been pivotal.
A break of the recent high at 235.57 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 249.78 and 252.78
Resistance: 230.00 / 235.57 / 240.00
Support: 223.00 / 220.00 / 216.14
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
RectanglePrice is literally hanging on the support line.
Neutral pattern until broken and also known as a Horizontal Channel.
No recommendation.
52 Week Range
174.60
238.05
Day Range
216.14
220.36
EPS (FWD)
8.59
PE (FWD)
25.81
Div Rate (FWD)
$1.80
Yield (FWD)
0.81%
Short Interest
2.06%
Market Cap
$454.17B
Visa to break higher?Visa - 30d expiry
The primary trend remains bullish.
This is curremtly an actively traded stock.
Trading volume is increasing.
235.57 has been pivotal.
A break of the recent high at 235.57 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
We look to Buy a break of 236.11 (stop at 231.38)
Our profit targets will be 249.78 and 252.78
Resistance: 235.57 / 240 / 250
Support: 228 / 223.50 / 220
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
V - Visa, credit card use is on a highAccording to a recent survey by Bankrate, 49% of U.S. adults have less or no savings compared to a year ago. This means that nearly half of Americans are living paycheck to paycheck and are not prepared for an unexpected expense.
The bankruptcy rate in the United States has been declining for the past 10 years. In 2015, there were 741,000 bankruptcy filings, but by 2022, that number had fallen to 326,000. This decline is due to a number of factors, including:
The availability of credit counseling and debt management plans
The changes to the bankruptcy laws in 2005
While the bankruptcy rate is declining, it is still a significant problem for many Americans. In 2022, the average bankruptcy filing had $107,000 in debt, and the majority of those debts were credit card debt.
We have market influencers suggesting the credit card use is on the extreme rise.
Considering the data provided, why is Visa stock not reflecting a bullish trend?
Considering the data points provided, are these market influencers wrong and are promoting FUD?
Is the agenda to emotionally crash the market for the sake of sending stock prices lower placing stocks at a highly discounted rate?
Saving the hedge fund shorts of certain overly leveraged stocks with very high loan to borrow interest rates?
Who are these market players that have the ability to bring down the market? Citadel?
Year | Total credit card debt (billions of dollars)
-------|----------------------------
2015 | 938.3
2016 | 982.6
2017 | 1,018.8
2018 | 1,057.3
2019 | 1,090.0
2020 | 1,107.8
2021 | 1,134.3
2022 | 1,160.0
Year | Bankruptcy filings (thousands)
-------|----------------------------
2015 | 741
2016 | 691
2017 | 641
2018 | 591
2019 | 541
2020 | 391
2021 | 351
2022 | 326
Sure, here is a chart showing credit card use in the United States from 2015 to 2022:
Year | Total credit card debt (billions of dollars)
-------|----------------------------
2015 | 938.3
2016 | 982.6
2017 | 1,018.8
2018 | 1,057.3
2019 | 1,090.0
2020 | 1,107.8
2021 | 1,134.3
2022 | 1,160.0
As you can see, credit card debt has been steadily increasing in the United States since 2015. In 2022, total credit card debt reached an all-time high of $1.16 trillion.
There are a number of factors that have contributed to the increase in credit card debt, including:
The rising cost of living
The decline of consumer savings
The ease with which people can get credit cards
The marketing of credit cards to consumers
According to a recent survey by Bankrate, 49% of U.S. adults have less or no savings compared to a year ago. This means that nearly half of Americans are living paycheck to paycheck and are not prepared for an unexpected expense.
There are a number of reasons why Americans are struggling to save money. The cost of living is rising, wages are stagnant, and many people are carrying debt from student loans, credit cards, and other sources.
The bankruptcy rate in the United States has been declining for the past 10 years. In 2015, there were 741,000 bankruptcy filings, but by 2022, that number had fallen to 326,000. This decline is due to a number of factors, including:
The improving economy
The availability of credit counseling and debt management plans
The changes to the bankruptcy laws in 2005
While the bankruptcy rate is declining, it is still a significant problem for many Americans. In 2022, the average bankruptcy filing had $107,000 in debt, and the majority of those debts were credit card debt.
Here is a chart showing the bankruptcy rate in the United States from 2015 to 2022:
Year | Bankruptcy filings (thousands)
-------|----------------------------
2015 | 741
2016 | 691
2017 | 641
2018 | 591
2019 | 541
2020 | 391
2021 | 351
2022 | 326
There are many different market makers in the United States. Some of the largest and most well-known market makers include:
Citadel Securities
Virtu Financial
Two Sigma Securities
Jane Street Capital
IMC Financial Markets
G1 Executions Services
Flow Traders
Susquehanna International Group
Optiver
Wellington Shields
These market makers are responsible for providing liquidity to the markets by buying and selling securities on a continuous basis. They make money by taking a small profit on the difference between the bid and ask prices.
VISA - ZOOM OUTVisa is one of my favourite and most consistent stocks.
But these charts are everywhere on the stock market. Charts like this. Purely upwards.
I am just using Visa as an example.
Lacking a bear market these stocks are pure gems.
Ride the curve towards the stars.
If you want more proof check out GOOGL, MSFT even BTC
V Visa Options Ahead of EarningsIf you haven`t sold V Visa here, for a better reentry:
Then analyzing the options chain of V Visa prior to the earnings report this week,
I would consider buying the 230usd strike price Puts with
an expiration date of 2023-6-16
for a premium of approximately $5.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
Visa: Vis – à – vis 👀Visa is moving just under the resistance at $235.85 – vis-à -vis with this mark, so to speak. Soon, the share should climb above this level, though, to complete wave b in magenta. This done, it should return below $235.85 and continue the descent below the support at $208.76, dropping into the turquoise zone between $204.28 and $187.10. There, the stock should finish wave 2 in turquoise, whose low should then initiate fresh upwards movement. However, there is a 34% chance that this low could already be established in the form of wave alt.2 in turquoise. In that case, Visa would maintain the upwards momentum.
V - Rising Trend Channel [MID TERM]- V is in a rising trend channel in the medium long term.
- The stock has broken up through resistance at 231.
- The short term momentum of the stock is strongly positive, with RSI above 70.
- However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards.
- The stock is overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Verify it first and believe later.
WavePoint ❤️
VISA - BULLIS CONTINUATIONThe middle Visa price target is $256.47, with the highest Visa stock price forecast at $288.00 and the lowest Visa stock price forecast at $210.00 for the range of 2023. Visa is one of the leaders in card issuing and the digitalizing of payments makes card transactions a daily routine, carrying cash is very old-fashioned. That's why we think Visa is something likely to grow for at least a year or two before taking over by crypto for example. Who knows of Ripple's win against SEC to see Ripple's dominance in transacting and companies like Visa and Mastercard go down the drain?
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 - VISA - BREAK & RETEST - MOMENTUMBeginning testing phase using my system in the stock market!
Aiming for being able to use it for my own personal longer term investments, ideally to diversify and sow multiple income streams!
The strategy is simple but very systematic and well defined and it's taken me many years to really put together every part of successful trading down to the most intricate detail. If it can work in other markets as well as forex, then the proof will be in these public ideas that everyone has access to and that can't be deleted once posted so there will be no doubt of the authenticity and quality of the system. Which in turn, might open the door later on for potential educational material to diversify income streams which will in turn bring a higher quality of execution in the markets because there will be less financial pressure to perform.
Anyways before any of that takes place, I must see if the system can achieve a positive expectancy in stocks so be on the lookout for future stock posts as well.
Starting out with V using my bread and butter! The classic B&R play that appears throughout my ideas in forex. As far as timeframes, from pure observation in past instances with the stock market, I've found the 3 Day candle chart to be particularly clean in terms of price action so that will become my default timeframe for stocks for this first testing phase.
Lets see how this plays out over the next few weeks!
Visa (V): Recovering From a Recent DipVisa (V) is poised for strong double-digit earnings growth as the global trend of cashless transactions continues.
The stock is valued attractively based on multiple years of growth.
Visa's stock is likely to outperform over the long-term based on valuation, growth, and earnings upgrades.
Visa's daily chart above shows a positive upward trend. The stock recently dipped and looks like it may begin a new uptrend leg higher. This would be confirmed by the MACD indicator in the middle of the chart. The trend would be considered back to positive when the blue line crosses above the red signal line. The purple RSI line at the bottom of the chart is showing positive strength, indicating that the stock may continue upward.
V Visa Options Ahead of EarningsIf you haven`t sold V Visa here, to reenter on the buy area:
Then you should know that looking at the V Visa options chain ahead of earnings , I would buy the $222.50 strike price Puts with
2023-1-27 expiration date for about
$3.64 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.