38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE. FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKSShortby GWAVEPublished 6
'Tenkan declining Visa Cards!'We had three consecutive weeks were the market tried but failed to penetrate the weekly Tenkan on close. The story here is the bulls just dnt have what it takes to break this barrier. The market likes paths of less resistance so the upward failure can only mean one thing....the bears are going to come in. The 1st target would be the weekly Kijun and then after that we have an area close to the low of the month. My stop loss is slightly above the three candle wicks...if we get get there and close above the Tenkan that means invalidation. Otherwise looking very red for Visa. Entry: Two small positions @ 177.85 SL: 181.14 TP1: 172.04 TP2: 169.05 Shortby taftraderUpdated 3
Visa reversed from resistance, potential drop! Visa reversed off its resistance at 179.89 where it could potentially drop further to 170.48. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby easyMarketsPublished 6
$V VISA benefits from adoption to Cashless society Entry level $178.50 = Target price $191 = Stop loss $174.50 Earnings breakdown Non-GAAP per-share earnings of $1.47 on revenue of $6.13. For comparison, Wall Street was looking for earnings per share and revenue of $1.43 and $6.08 billion. Non-GAAP EPS comes in 21% higher YoY compared to $1.21. The Visa earnings report also has revenue increasing by 13% from the $5.43 billion reported during the same time last year. Operating income of $3.74 billion is 9.68% higher than $3.41 billion reported in fiscal Q4 2018. The company’s net income of $3.03 billion is 6.32% better compared to $2.85 billion in the same period of the year prior. V also notes that payments volume was up 9% from the fiscal fourth quarter of 2018. Technically the chart is in a strong long term uptrend. Indicators are in a bullish reversal pattern, advances in the stock will be highly dependent on market strength continuing. P/E ratio 35, quite high but acceptable in such a growth sector. Average analysts price target $202 & Buy rating. Longby BullishchartsPublished 20
Visa potential reversal! Visa expected to rise up to 1st resistance at 179.89 where it could potentially react off and drop down to 1st support at 171.72. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby easyMarketsPublished 6
VISA potential reversal! VISA expected to rise up to 1st resistance at 179.89 where it could potentially react off and drop down to 1st support at 171.72. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Shortby easyMarketsPublished 5
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE38.2% & POSSIBLE 61.8% Retracement LONG GWAVE. FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKSLongby GWAVEPublished 113
Visa bounced from support, potential for a further rise! Visa bounced off 169.66 where it could potentially rise further to 180.05. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby easyMarketsPublished 8
Visa bounced from support, potential for a further rise! Visa bounced off 168.40 where it could potentially rise further to 186.90. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby TradeGATEHubPublished 4
VISA approaching support, potential for a bounce! VISA is expected to drop to 1st support at 168.40 where it could potentially react off and up to 1st resistance at 186.90. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby TradeGATEHubPublished 16
Visa approaching support, potential for a bounce! Visa is expected to drop to 1st support at 168.40 where it could potentially react off and up to 1st resistance at 186.90. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby TradeGATEHubPublished 13
Looks like $V is being supported by the 100MAIf you look back to Aug. 5th you can see that $V gapped down and was caught by the 100MA and for the past week it has been testing those levels again. I am looking for a month long call around the 185 strike range. I will continue to roll this position out if the price moves in the intended direction !Longby TheForexWatchPublished 4
Accumulation going upCatch a good entry when underlying is hit again at ~172. Thoughts?Longby dnclaPublished 4
VISA approaching support, potential for a bounce! VISA is expected to drop to 1st support at 168.40 where it could potentially react off and up to 1st resistance at 186.90. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. Longby TradeGATEHubPublished 14
PERFECT HEARD AND SHOULDERif visa cross $173.16, the target may be around $160Shortby kennyngaiPublished 5
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE38.2% & POSSIBLE 61.8% Retracement LONG GWAVE. FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension. PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKSLongby GWAVEPublished 3