Visa ABC pattern incomming on the macro? Visa ABC pattern incomming on the macro? Debt crushing the consumer now, lets see what happens
Key facts today
About Visa
Visa, Inc engages in the provision of digital payment services. It also facilitates global commerce through the transfer of value and information among global network of consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It offers debit card, credit card, prepaid products, commercial payment solutions, and global automated teller machine (ATM). The company was founded by Dee Hock in 1958 and is headquartered in San Francisco, CA.
V to $325My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at top of channels (period 100 52 & 26)
Stochastic Momentum Index (SMI) at overboug
VISA, Short, 2hVISA has broken a key resistance level at $321 and now appears to be pulling back toward this level for a correction. This setup indicates a potential move lower.
SHORT 🔥
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Visa PitchFanNYSE:V
Visa looks to have bounced nicely to touch support of the PitchFan and can go into the green range above making new highs. The last two times the stock bounced and went into green range. Looks good.
Comment what you think about this chart.
Comment any tips or suggestions.
NYSE:V
VISA issuing the first buy signal of the pattern.VISA Inc. (V) has gone a long way since our buy signal almost 5 months ago (August 29 2024, see chart below):
As you can see it was a buy signal just before a 1W MACD Bullish Cross, and straight hit our $320.00 Target before it started pulling-back again the past 30 days.
The +2 year Channel U
Take a Cautious Long Position on Visa Amid Market Uncertainty
- Key Insights: Investors should consider the potential for a bounce as Visa's
price is currently at $307.71, and the stock may attract buying interest as
it approaches the identified support range of $290-$297. However, the
prevailing bearish sentiment in the broader market calls for caution
Visa Targeting Gap Closure
▶️ The ascending channel gave us an ending diagonal with bearish RSI divergence.
▶️ The break of the bottom trendline is a strong indication that the downside will persist.
▶️ Most obvious initial target is the closing of the gap at 296.34.
Betting on End of Trend for Visa. VThis picture is highly suspect for and end of Grand Wave 5. This is a speculation only as confirmatory levels have not yet been crossed. Yet, we have an constellation of highly suggestive factors. These are momentum divergence (one) on the RSX and RSI (not shown) with Fib extension of 2.414, which w
Reacting to Market Volatility: Visa Trading Insights for Next We- Recent Performance: Visa has experienced fluctuations along with the broader
market in recent weeks. The current price stands at 317.71, reflecting the
overall market volatility driven by concerns around interest rates and
economic indicators. Despite the turmoil, Visa's resilience and estab
VISA flashing a short-term sell signal.Visa Inc. (V) has been one of our most accurate recent stock predictions (August 29, see chart below), as it is about to complete the buy signal we gave on the Channel's bottom to a +27.36% rise and hit our $320.00 Target:
Needless to say, if you took that call, evaluate your options as the pro
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Displays a symbol's price movements over previous years to identify recurring trends.
