VISA trade ideas
Head and Shoulders X 2/ Earnings 4-26Yearly low is 186.67. Three year low is 133.93. ATL is 10.95.
Earnings on the 26th after market closes. It appears they are expected to do okay at earnings according to analysts. Either way, it is often how the news is received verses the actual news itself.
This does not look so good. 2nd head and shoulders appears to be forming unless there is a huge move up very soon to surpass the triple top that formed on the 2nd possible shoulder. V appears to be gasping for air.
There are older gaps below price that can kick in as support. Price is below the longer term DMAs. Price is still above the neckline and this is support until broken with a downtrend. This is a tall structure which can mean deeper targets down if the neckline is broken. )o: Nothing is written in stone. Mr. Market will do what Mr. Market does and it does not always seem logical.
I will revisit this as if this is headed down, it can be painfully slow )o:
No recommendation.
Economists have predicted 14 of the last 3 recessions.
$V Swing IdeaSwing Idea For 4/13
downtrender, taking break of previous day low & contiuinoation short (through puts)
under 210.5 202-205 possible, rolling up portion of profits if breaks below 200 (thats another trade idea)
*only valid if market ($SPY in this case) keeps pushing down/red
#options #optionstrading
$V momentum play$V entering the squeeze as MACD crossing and possible curling up to the upside. no latest news about the V some of the news is so so but nothing serious.
in terms of inflation people are being more conservatives about their spending. but in the same time people are out and about after the covid restriction get
lifted up and most stores and amusement park doesn't required face mask.
V average move per day is $3.00-4.00
Day trade or scalp target play: 04/04 /22
Buy call above 227.92 sell at 229.00 or above.
Buy puts below 224.45 sell at 223.24 or below.
option open interest: ideal expiration date: 4/14/22 or 6/17/22
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
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VISA: Buy Zone is 206-211Visa just completed an impulsive 5-wave move off the low. It looks very clear that the bottom is in on Visa. Now the uptrend has become exhausted, and the stock need times to rest. The fibonacci extension targets have been reached, and you will also notice bearish divergences in MACD and RSI which also support this thesis. I will be targeting the .382 - .500 fibonacci retracement to buy.
VISAHello everyone, the price is circulating in a transverse channel between the two levels
(195.88-235.97)
I see the stock has good buying opportunities
at the next levels
211.26
208.09
200.08
191.72
If it closes below the level of 216.26
So that the following levels are to take profits
211.67
216.38
222
225.26
Visa running out of credit part 2. VImmediate targets 214, 204, 197. Invalidation 291.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Long trades are easy if you time your entryHere is V (VISA) chart the price is coming into a strong DZ(Demand zone) untested sweet DZ, and its from the long-term (M) chart, so even better. the weekly chart (W) where i took the trade was correcting (hoping) into this DZ. if the DZ holds the price action was indeed a correction & the long-term uptrend on the (M) will continue. if the DZ fails to hold, well technically the (M) is a downtrend and am looking for a tight Short on the higher price retest. thats how trading works. go with the flow of the price. your trading strategy is to be an instrument of the price. dont have any feelings to the stock. dont form an opinion as if you know #whatsthemarkerdoing today. have no opinion! learn to listen to the price & ride it. like riding the waves, or learning to sail with the wind. dont force a trade! a sailboat can not sail directly into the wind. so be the sailboat in the wind & your trading will work
WHY I TOOK THE TRADE
Long-term(M) in uptrend
trade chart(W) in correction to DZ
*the DZ is also the last HL of the (M) uptrend. if it holds the (M) will continue
its uptrend (technically)
ODD ENHANCERS
- Strong DZ
- untested DZ
- over supply into DZ
- current chart (W) in correction while
longterm chart (M) still in uptrend
CONFIRMATION
Strong Hammer candle stick in DZ
WHY I CVRed
- the rebound from the DZ is weak & loosing
momentum in the smaller chart(D)
The trade did not go as expected & the DZ did not hold. I respected my PT
(Profit Target) & still made 28 points per share.
thats $28 dollars per share. not bad for my trade budget
Russia has imposed sanctions against Visa and Mastercard !Russia has imposed sanctions against Visa and Mastercard . Starting from March 10, Visa and Mastercard payment systems stop servicing cards issued by Russian banks. In Russia, the cards will continue to work without restrictions, including business cards. Russia is switching to its own payment system Mir.
Cards issued by foreign banks will no longer work in Russia: they will not be allowed to pay for purchases in stores and make transfers to cards of Russian banks.