Visa (V): Recovering From a Recent DipVisa (V) is poised for strong double-digit earnings growth as the global trend of cashless transactions continues.
The stock is valued attractively based on multiple years of growth.
Visa's stock is likely to outperform over the long-term based on valuation, growth, and earnings upgrades.
Visa's daily chart above shows a positive upward trend. The stock recently dipped and looks like it may begin a new uptrend leg higher. This would be confirmed by the MACD indicator in the middle of the chart. The trend would be considered back to positive when the blue line crosses above the red signal line. The purple RSI line at the bottom of the chart is showing positive strength, indicating that the stock may continue upward.
VISA80 trade ideas
V Visa Options Ahead of EarningsIf you haven`t sold V Visa here, to reenter on the buy area:
Then you should know that looking at the V Visa options chain ahead of earnings , I would buy the $222.50 strike price Puts with
2023-1-27 expiration date for about
$3.64 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Rising WedgeEarnings have past with a beat. Next report in April.
W pattern and if the 4th leg is complete, it turned down at the 1.414. I can not find this pattern anywhere but has been common as of late. I call it W 4.414 and M 1.414. !.414 is the square root of 2.
Price is above the .235 of the trend up.
visa and bollinger band Bollinger band suggest the counter is ready to make a breakout
multiple times respected bollinger band earlier as shown in the chart.
the counter in past have seen support from mid or lower band
while resistance at the upper band along with retracements at mid band when in uptrend.
which sugest the counter is a good candidate to play via BB
Technical Analysis of VISA. Hello all,
This is my price action analysis of VISA. Over the period of time, we can see Support and Resistance levels formed which have been tested a couple of times throughout the year. All this happening in a downtrend with each testing of the Resistance doing e lower high. In late September the price broke through the support level after which it formed a textbook double bottom and did a two-week rally. It tested the resistance line, and did a retracement after which it broke above, and created the first higher high this year. Now the price is at a crucial level testing the previous resistance and now the support line. It's important to watch what the price will do here. It will either bounce back and go for the 220$ zone or cross below the support level and search for a new zone where the bulls will come in.
The next few days will be crucial in terms of price action, as they will establish the new mid-term trend and direction of the price.
And what do you think of VISA (NYSE:V) currently?
I would love to hear your thoughts in the comment section.
Cheers!
Selling Visa at swing highs.Visa - 30d expiry - We look to Sell at 216.49 (stop at 223.41)
We are trading at overbought extremes.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Bearish divergence is expected to cap gains.
We look for a temporary move higher.
The previous swing high is located at 217.61. 218.07 has been pivotal.
Preferred trade is to sell into rallies.
Our profit targets will be 199.22 and 195.22
Resistance: 215 / 218 / 225
Support: 206 / 200 / 195
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Visa - Weekly analysisIs this a fakeout or is this a breakout. Wondering why ex speaker would sell all of her shares? Not entering until I see price action, break above recent highs outside channel or a break back down below the channel. Will zoom in for entry.
Overall, We could see a green day tomorrow due to the fact we had 4 red selloff days in a row... so probability has it a 5th could go green. Waiting to see a bounce but ready to take some more puts tomorrow as I see price action happen real time.
Indicators are lagging, you want to see price action, market psychology, market structure, gaps, imbalances, and use all the tools available to make a good trade!
Trade safe have fun!!
Like and comment for more!
Visa - Potential technical rebound1. Fortune_TD, Fortune Banker trend :
Fortune TD 9, TD 13and Force 9 (from 25 Sep) show the trend exhaustion range, the green bar shows this is a potential share pull back. .
Fortune Banker trend, green line shows the banker chips flow in at the bottom, red lines show the profit money at bottom as well, then short money cross its 5 days average, potentially an uptrend begin.
2. First Up and Retrace :
03 Oct 2022, short money trend line gold cross, followed by the bottom exhaustion range signal TD 9, 13 and Force 9
First up happened followed by a the retrace as indicated by TD and share pull back signal.
3. Diverge:
Fortune Crown, red dot shows the share price is at bottom, and there is a bottom divergence today, the green bar momentum shows a positive momentum, potential uptrend after divergence.
Fortune Banker trend, short money trend line shows the bottom divergence, potential uptrend begin.
4. Summary:
Based on above analysis, there is a potential of technical rebound after a mid term down trend, cut loss 184.66.
VISA About to start a historic Bull Cycle similar to post 2009This is Visa Inc. (V) on the 1W time-frame. The primary pattern since the July 26 2021 All Time High (ATH) has been a Channel Down with the price hitting yesterday the top of the pattern for the first time since August 15. The August 15 candle rejection was also made (after multiple attempts) on the 1W MA100 (green trend-line).
The pattern is similar to the one Visa has been trading in since mid 2019. This idea compares the two eras: 2019 - 2022 and 2008 - 2011. In 2011, the stock was trading within a similar Channel Down as the accumulation pattern, with its Lows contained around the 0.5 Fibonacci retracement level. Following the break above the 1W MA100, the price made one last Lower High, pulled-back and then broke above the pattern aggressively. If the same formation continues to be repeated then we can have a break above the Channel Up by mid December. See also how the RSI and MACD patterns are similar.
------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇