4V trade ideas
VISA INC 4 HOUR- BUY
- PRICE CLOSED BEARISH ABOVE 8 & 14 MOVING AVERAGE GIVING US AN UPWARD BIAS
- BEARISH PIN BAR ALSO CONFIRMS THAT BUYERS WERE STEPPING IN BEFORE MARKET CLOSE CONFIRMING THAT PRICE IS ON A PULLBACK
Interesting divergence in Visa Visa printing a rising wedge on the monthly chart. Divergence is interesting as the RSI is tracking lower with the stock moving higher.
Interesting and would welcome others thought?
My thought would be that with reopening a break above the wedge would signal a long entry, but the divergence x rising wedge worries me. Is this a sign for the wider market also?
VISA. Ascending Triangle on Weekly. 3:1 RRR.NYSE:V is breaking a year long ascending triangle on the weekly time scale. Measuring by the height of the triangle, about $80, from the top of the triangle gives us a target of $296. This is 35% potential profit from the current price of $219.
Taking the recent swing low as a guide, we can set our stop loss at $189.
The triangle is not considered broken upwards until we see next week's candle trading above current week's candle, given that this week's close is above the triangle.
Unfortunately I can't give a time window for this move.
From a fundamental point of view, I suspect that Visa benefits from the Fed's increased interest rates. But I would need more research to understand precisely the magnitude of such effect.
V, likes making those v'sTried playing back in late DEC. Wasn't ready yet, looking good now...but hasn't been easy.
V could breakout of year-long consolidation soon. Visa may be ready to break resistance around this price which it has stayed under since feb 2020. It may be ready to continue higher. Not financial advice. DYOR.
V/Visa is great!!!!The stock price has been in a huge ascending triangle for a long time, like TSLA/Tesla.
If the price can resist for few days over the resistance, it will be a great point to enter and make great amount of profit.
POSSIBLE TRIANGLE ON VISAWaiting for the last two waves D and E to confirm the bullish triangle scenario on visa
VISA D1The Visa payment system is one of the leaders in the world market. The company's shares almost always have an upward trend. After falling at the beginning of the global pandemic, stocks reached new highs. At the end of January, the shares reached the level of $ 220, after which they went into correction. The global pandemic forced the population of the entire planet to use payment systems more, which led to an active rise in stocks. Today we can see the rapid development of the disease. Which is due to the number of patients in the world. And although vaccination has already begun, you need to understand that this problem will not be solved very quickly. The likelihood of new quarantines and lockdowns is very high. This situation will continue to force violence to shop online. Which will continue to bring stocks to new heights.
V (DJI) - When Break Price Fly UpHumbled, we would like to thanks for your support who has already liked, commented and followed us.
Your support, strengthens us, to help in analyzing the market.
V (DJI) - When Break Price Fly Up
$V | Bullish Channel & Bull Flag [Update 1]$V formed a bull flag at structure support. Watch for continuation to the upside within the flag structure.
A breakout of the flag should confirm a larger move to the upside.
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
$V | Bullish Channel & Bull Flag V broke out of a bull flag and looks ready for continuation to the upside. See my previous $V ideas below:
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
Buy VISA INC. Buy Ticker symbol "V"
VISA INC.
Ideal Entry 204.7 But 206 for entry its fine too
make sure it doesn't break down the potential double top, id break under the neckline of the double top, it could have a 3.3% PB to the trend support area $200.3
1st Target Price 229.72
2nd Taret Price 249.48
Stop Loss @ $198
I have set alert for VISA INC.
-under 206 under 205.1 -alert
Run up into 214 to 220 area?Looks like a run has started but the first test will be the area its running up into now, around 212-213 area.
VISA Expectations the VISA is showing a good growing and maybe it will back to 219 USD price
So I recommend to buy
V - EW analysis - C wave upV - It is within ABC zigzag move up side. Expecting price to go for new high as the part of C wave up.
Give thumbs up if you really like the trade idea/analysis.
