V trade ideas
Visa inc one of the best stocks to buyIn our opinion Visa's stock should rise for 1-2 weeks 2.5-5% after a little correction continue rally and achieve 210.
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Short zone arround 186-187The resistance in red 'd be difficult to pass, I propose to short the zone 186-187 for a retest on the 200MM +/- 180.
VVisa A:
Potential Profit: ~5% based on resistance $194.25
Potential Profit: ~%15 based on 214.23 all time high
1 month Movement: It moved about 15% from the support level of 160.53
Resistance: $184.51
1 month support: At the SMA line.
Visa is trading above the SMA line.
Entry point: $177.50 - $180 or break above the resistance level and confirmation of resistance becoming the new support.
Desired RSI entry point: ~35
V - resistance area - swing PUTS - low riskI rarely use Fibonacci, though here since stock moved over 20 SMA, I was curious to see where price was on Fib chart. Price has come up to 0.618 from low, which is a likely place for a turn lower. Also it has stalled at highest moving average (100 SMA)
In support of this, RSI has only reached 61 and is in bear resistance zone. Watch for it to break red line and head lower. You can also add a support line to this chart and wait for it to break.
This trade is low risk because today's candle has such a small body that your stops can be above Monday's open, above Monday's high, and above recent high of 185.75.
BUY VISA INC DailyHello, VISA INC is in one of these most interesting moments, it is possible that it will go up high ....
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VISA NEXT DAYS/WEEKS ANALYSIS - Counter thrend-next breakoutDAILY CHART
As ween can see in the daily chart, the visa stock until the end of March was in a strong downtrend. Around 24 of March it has a double bottom and then began a new uptrend. We can say it is going for uptrend cause the Lower High around $168 was broken,and now as we can see the price is retesting that previous resistance that now is a new support.
We saw the price retrace at 0.382 fib level (indicates a strong trend ) and now its forming a descending triangle as consolidation phase. The price will consolidate for some days and then it will eventually breakout to the upside.
30min chart - not for analysis but we can see a more detailed description of the moves and the retracement.
Scenarios
It might happen that the price will consolidate for the next days in that triangle and then breakout and first target will be 1.27 fib extension and second target is 1.618 fib extension around $196. We also see in the market structure if we look left that also in that level of 196$ there is a resistance line so it probably go up and test it.
That is only my thoughts and not an advise.
Visa - Go long Idea
NYSE:V
NASDAQ:PYPL
Based on Fundamental and Technical Analysis seems that visa might go up.
PAYPAL had a jump before last week's market closure and perhaps visa might follow PayPal
VISA - will it keep going?This is just an update for myself - but i have put some opportunitys
in for you, where i see buy/sell signals.
Disclaimer: I have positions in VISA
VISA not going back to 190+ for the near termCan't see it unless they really capitalize on their acquisition of the Fintech that created Venmo...
VisaVisa has triggered a buy signal yesterday with the respective target and sl being shown in the chart
Vif the market breaks the 0.23 fibo level with force there will be a probability of fetching the 0.38 level.
and if the market breaks level 0 fibo with force there will be a probability of going up.
if you liked this idea or have your opinion on it, write in the comments.
DISCLAIMER: As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Not every idea is a valid trade. This analysis is a trading idea, not a trading signal for you.
Visa Shorts a potential bearish continuationI've been waiting for the top of this potential retracement from the initial virus bearish move. The candlesticks from the last 7 days, together with the decreasing volume seem to be good indicators of a bearish continuation.
Other factors would contribute:
- March 2020 US retails sales showed Discretionary sectors posting deep declines
- 15 April FT report "US banks detail dramatic fall in credit card spending" Citigroup reports that Card spending fell by 30% in the last week of March.
- Mortgage defaults are expected to be high and with 1/3 of Americans missing April rent payments. Credit cards or credit card cash loans might become a desperate short term solution but this will only spiral to bad debts
I would have prefered to buy put options but I feel at this point it is super overpriced due to the high implied volatility. Entered the trade with a good 1.53 risk-reward ratio
$V Upside earnings targets
Lets see if V can follow in the footsteps of Mastercard
The market is in forgiveness Mode
