V LongIf 217 holds, we can push higher from here
Won't be an overnight pump, gonna take a while because of the low IV that needs some time to get traction
3V64 trade ideas
The bullish movement keeps pushing / VISAToday, we will show our analysis and setup we are currently taking on VISA
a) There is a clear zone that the price had troubles to break (All time high zone)
b) Yesterday, we saw a new breakout of the zone after sideways movement from September
c) We have opened positions after the breakout of the last corrective structure
d) Our Entry level was above B (check the link to related ideas to see how we trade this type of structures) / Stop below C and Take Profit on the Fibo extension
e) We are taking the risk of 1% on our Capital
f) We expect a resolution of 30 - 45 days on this setup. The Risk-Reward ratio is 1.5
V: 24 Hour Projections v Actual 12/29/2020 v 12/30/2020Visa blowing past: 24 Hour Projections v Actual 12/29/2020 v 12/30/2020
still awaiting the breakoutfailed breakout from previous ideas (see linked). inverse h&s also failed us.
but chart still valid for next week.
bounced off trendline support, oversold as well.
Blue sky breakout.V is breaking out. Will have to wait for a pull back or some consolidation. I have found the 1.13 fib to be initial resistance but if it can get through that there's is plenty of room above. Swing trade gets negated below the box. Make sure the broader market is at your back.
V - Bullish on Visa Squeeze Play and old Price Lines$V
Today 12/20/20 815pm
Goddamn I was exactly right on the Visa call last month. Let's just do it again.
Downward Trend Line pressure on the peaks.
Strong Price line at 207.50$.
Bullish on squeeze play.
Bullish at Fib 236/$207.50.
👀🚨SUNDAY OPTIONS WATCHLIST 12/20/20🚨👀V - Been watching this one in consolidation for a while now. Trading volume picked up on Friday. Gonna be watching for continued strength as we approach its shorter term 215 area resistance and then its next resistance at 217.65 ATH. Will look to play calls on this if we continue this current uptrend.
V Two Possibilities Looking at two possible paths. Expect some type of consolidation near ATH before heading to new highs. Price target 225.
V - Elliottwave analysis - C of ABC of Y down then UP V - It is correcting down in double three correction WXY down, where ABC of Y is in progress and probably finishes near 200 level. Buy when 2nd wave finishes for next up cycle of 3rd wave up. Small sell set up of C of Y also can be possible.
Give thumbs up if you really like the trade idea.
symmetrical triangle just about ready to break outwe could see a bounce first, but ultimately looking for 227-sih.
inverse head and shoulders ... officially formed today.
need to get past 217-ish. clear skies after.
V - Elliottwave analysis - C of ABC zigzag up V - It is in 3rd subwave of 3rd wave up. so stay bullish with stop level below 206.70 for target above 225 or higher level within either simple ABC or as the part of bigger impulse wave up.
Give thumbs up if you really like the trade idea.
