Will Visa takes on a larger market share in China ?www.shine.cn
Now with the Covid-19 becoming a history of the past and China aggressively opening up to the world, the tourism market will accelerate the usage of credit cards by overseas travelers in China. This bodes well for credit card company like Visa.
I believe moving forward, we can expect the chart to show a breakout of the resistance at 234 level and continue to rally higher towards 250 and beyond.
Please DYODD