Long

Visa $V bouncing off long-term channel (5/5)

Conviction: 5/5

General Thesis

V bouncing off of long-term channel support (since 2009)
Weekly RSI showing signs of bottoming, although no bullish divergence yet
historical support near (slightly above) 200W MA, which is also the case here

Growth

Margins are high, although came down a bit in the last year
revenue growth is at historical highs

Value

P/FCF has come down dramatically since early 2021, now about historical average
P/S near historical high
- Fundamentals
  low debt/asset ratio and plenty of cash to deal with short term debts
  
  Potential Risks
  - a little expensive
  - NFT hype may have gotten this to be too expensive
  - dependent on people continuing to spend money?

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