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Visa Inc (Extended Hours)Visa Inc (Extended Hours)Visa Inc (Extended Hours)

Visa Inc (Extended Hours)

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VISA - Point of Entry?VISA is another stock that I have been keeping an eye on recently as it shares a similar story tto i Master Card () Analyst ratings on the stock remain overwhelmingly positive with a consensus target around $241 despite mediocre earnings results that resulted in some selling pressure and increased volatility lately. On the technical side the stock seems somewhat undecided however; Positive Factors Stock recovered above 200 EMA which reinstated it as support level Back at the 0.786 Fibonacci levels which for now is a (soft) support Dynamic resistance level has been broken and indicates more bullishness Back at the gap base created on November 2020 earnings RSI bounced off oversold territory back to neutral (50's) Negative Factors MACD still indicates bearish sentiment 100 EMA could proof resistance No confirmed long-term trend. The stock is moving pretty much sideways since mid 2020 Rather large intraday swings, which makes SL setting more difficult My trade; I went long in yesterdays trading at $200 Stop Loss outside recent lows around $191 (Oct/Nov gap levels) to account for incr. vol. Take profit set at $230 although I'd eye the recent $220 highs as a first target
NYSE:VLong
by SLRK
Buy $V - NRPicks Ene 31Visa is the world's largest payment processor. In fiscal year 2020, it processed nearly $9 trillion in purchase transactions. Visa operates in more than 200 countries and processes transactions in more than 160 currencies. Its systems are capable of processing more than 65,000 transactions per second. The pandemic has affected electronic payment companies to a lesser extent, Visa has reduced its sales by 17%. Visa and its major competitors (Mastercard and Paypal) have developed and expanded their brand around the world. Operationally, the company maintains a low level of debt compared to its competitors so it will meet its financial obligations. Fundamentals: - Growth - 15.7% estimated net profit growth for the next 3 years. - ROE 30% VS 13.7% industry Technicals: - Price level below the 250-200-150 SMA. - Williams R% at -79 levels - RSI oversold (37) - -10% downside during the month Visa showed an 11% correction from Dec. 9 to Jan. 28, which stopped at $193.6 support. The last results presentation on January 28th have not affected the share price, so it should have been already discounted. Finally, technical indicators such as SMA and Williams R% show positive signals for the stock.
NYSE:VLong
by NewroadTrader
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