VISA trade ideas
#Visa forming 2 months #Rectangle consolidation #ChartPatternVisa forming 2 months well defined continuation rectangle chart pattern setup. Earnings on deck tomorrow so the breakout might not happen until then. Watch price action after the report and for a close above upper boundary on daily basis for a signal the next leg up is starting.
Keep it Simple!
V Short for Week of 7.26This is a short term short.
V is looking week and looking to cool down over a few days.
With their earnings this week; I would expect the price action turns
positive with more and more people using plastic to make purchase.
Targets:
Target 1: 190
Target 2: 189.25
Target 3: 185.00
Stop: 197.5 - 200(200 above would be a break out.)
Best of Luck,
--d0x
Fasten your seatbelts!H ere’s a Thought! 27 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital
Global payments processor Visa reports earnings on July 29, and it will be more than just one more set of quarterly financial numbers. Investors will get a direct insight into how consumer spending is being affected by the pandemic and an uncertain economy. This quarter revenues for the payments processing giant are expected to drop by roughly 17% to $4.81 billion versus $5.84 billion a year ago. This anticipated drop has a lot to do with lower transaction volume as many stores were closed throughout the quarter. With that said, there is optimism for a potential beat driven by increased digital payment volume as more and more people shopped online.
Indeed, dealing with paper money has now become not only unsafe, but also unsanitary. So VISA’s performance will be more or less accurately reflecting the real global consumer spending, and households’ entire propensity to consume, and how efficient the world’s largest central banks’ and governments efforts to offset the COVID-19 impact. So fasten your seatbelts!
Technical view of Visa stockHello every one .
The Visa share is moving in a short-term, sideway direction.
Between the levels of 202.44 and 185.6
With low volumes.
Therefore, it is important to monitor the level of 185.6 and maintain levels above it.
Because breaking it down the arrow will be negative.
Good luck
$V looking like a whole snack right now$V forming an ascending triangle on the daily and consolidating over the EMAs in a very bullish pattern. Above is a nice gap and I will be looking to take a trade when this gets above the red triangle top horizontal line. Fintech looking strong as a sector as well. Remember volume confirms the move and large gaps are often not completely filled.
Please give a like or a follow if you gain any insight from my analysis thank you
Possible Long Play on Visa with some Vol to 205$Possible Long Play on Visa with some Vol to 205$ with Federal Coin Shortage going on
VISA same buy setups like MASTERCARDHi everyone:
V has similar price action like MA in my other analysis.
We see the same bull impulse up and price now forming continuation correction.
I am expecting price to correctively go down once more to complete this correction before the strong bull momentum comes in.
Alternatively, price can break above now and forming continuations to keep going up.
When price break above this current correction impulsively, then we can expect price to continue up and hit the previous tops.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
VISA INCVisa Stocks (V) – the price is staying in the important resistance level around 1.85. That’s why we have to wait till the price forms a breakout and a pullback. In that case you can go long till the target at 2 USD/Share.
Visa Earnings Play - Bullish Setup.Visa looking good with a bullish flag forming as well as a clean retracement bounce off of the .618.
VISA Targets ahead of Earnings - Long !Just a little kinda update to my previous post on Visa. Took the opportunity to load a further 120 shares of VIsa today. Loaded at 189-190 Region on a support retest.
Looking at the target of about 214-219 ahead of earnings that are coming out.
Exciting for the company! Let's see how they perform!
This is not financial advice, please do consider your own DD and RM.
BUY VISA !Long trade setup on ViSA.
Thanks for viewing! This is not financial advice please do your own DD and RM.
In The Portfolio ! I Advais you to keep it in the portfolio , It will rais in the comming days
You Can double Your investment after crosing the bleu line
Positional buy VISA above 200Potential Cup and Handle Pattern breakout , will look for the breakout above 200 above volume. It is a long term stock in my portfolio. Will update the targets once we see the clear breakout
Visa double top and beyond or sell?Hello traders and analysts,
Here we have our first sharing of Visa (V) a stock we have held for a long time due to the constant growth and consistent dividend returns quarterly.
Technicals -
Purchased 2nd order batch during the break out of the monthly zone . - but the zone is a monthly zone so keep it technical this is important to show a good demand zone.
Weekly levels - identified as potential supply zones but the monthly double top formation kept showing a strong bullish momentum.
Weekly zones became new supplies in the swap zones.
Notice the imbalance candles which are present inside these zones.
Fundamentals:
warning of economic downturn with spending cuts to households - with millions relying on stimulus paychecks - credit is still a valid use of fund transfers of course and will always be, however the slowdown will become clear.
Price fared very strongly during the crisis of 2008, with a strong growth retained throughout the recessional period.
However, be aware of consolidation between 2011 - 2015 - slow sustainable growth but not many down periods to provide demands.
The recent 2018 - 2020 shows larger swings with multiple fundamentals in play.
Always look left.
The next option is to consider once in the supply zone all time high, what will price show us? A strong retest to produce and all time high or show a rejection upon the supply, we do not predict the future, but prepare for forward scenarios as price reacts.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Thanks,
Team Lupa
VisaVisa has been a strong bullish market for the past 10 years. Visa went from 15.00 to 210.00. Visa began to fall in the year 2020 dropping down to 135.00.
