VISA trade ideas
V - Ready to breakout ?Closing above 200 for the first time since 11 June after 3 attempts
Bounce above EMA20 and sloping up.
Well supported by EMA50
FiFT +ve indicating BULL is in control.
ATOM is BUY indicating chances of breakout is high
Note : MA is having similar pattern but MA is already breakout.
Rst 214.
Sprt 190.
Rounding Bottom Targets: 240, 260, 290
Fundamental
Last 3 months analyst price target is 243 (Align to rounding bottom first target)
Analyst Consensus : 18 Buy, 2 Hold
VISAPossible downtrend. It has reached a key resistance level which has been retested multiple times in the past. Right now, it attempted to cause a breakout but failed due to 2 strong bearish candlesticks. The price also did not break thru the previous false breakout of 202.89.
What I think will happen is that the price will retrace back to the key support level for now. Will decide my position again depending on the next candlestick after it reaches the support - if it goes bear or bull.
Based on the larger time frame, it has been trading in a horizontal channel since May. However, I can see an ascending triangle forming as well hence possible retracement before a bullish continuation. We should wait for further confirmation/go long on retest
Do drop me a like and share with me your analysis!
Visa Inc (V) attempts channel breakout Visa Inc.’s (V) earnings are forecast to grow 14.35% per year according to a dozen or so analysts, despite returning 11.6% over the past year, which is 6% shy of the US Market. Ongoing occasions have been satisfying for Visa as its income have ascended notwithstanding the market's profit going into invert. It appears that many are anticipating that the organization should keep challenging the more extensive market affliction, which has expanded financial specialists' eagerness to settle up for the stock.
Watch for a break above channel (A) resistance at (1) for a re-test of Feb ‘20 highs (213/215s) with 221.00 in extension. Below channel support (lower A) negates this bullish outlook.
$V pending breakout$V looking to possibly break out of its long lasting range. Should we break out, watch for a gap fill to the marked price target.
C&H Forming with Possible Break of RectangleV looks to be trying to break up and out of rectangle. Clean break is noted on chart. Targets also noted on chart for a break of rectangle but 199 is incorrect as that indicates top of rectangle. This platform does not let me go back and change stuff without deleting it and starting over. I did not see it
The rectangle looks to have served as a handle for the cup that appears to be forming.
Targets for the C&H are also listed
Not a recommedation
Visa Daily/hourly/15 min demand zone 196.75-195.5Visa Daily/hourly/15 min demand zone 196.75-195.5
cmp:197.1 18 Aug 2020 price commng down with red exciting candles directly to demand zone
Pro:
1.coinciding level
2.2 exciting candles in 15 min candles
3.Price cumming directly to zone with clear drop, so bounce will also be clear
con:
1.too much smaller candles in left of the zone in 15 min candles
2. Visa is at a range at high end of the daily location
Visa: A strong long-term bullish wave possible.VISA INC has been consolidating within the 186.00 Support and 203.00 Resistance since May. Naturally the 1D chart is mostly neutral (RSI = 57.741, MACD = 1.000, ADX = 19.304). However we see a bullish divergence both on the MACD and RSI indicators similar to the July - October 2019 consolidation. We are ready to buy Visa if the 203.00 Resistance breaks.
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VISA without a particular idea :DHey everyone,
I made this analisis but i don't have an idea how this stock is going to behave:D at least the cloud gives support and the tenkan sen is about the kijun sen, which is good!
Much fun with this information!:D
Leave a follow, trying to hit 200 :)
Bull Flag on VisaBullish flag pattern on the 1hr chart. Strong support with the algo line. With a possible rotation from tech, we may see a bounce with financials.
