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Visa

Buy $V - NRPicks Ene 31Visa is the world's largest payment processor. In fiscal year 2020, it processed nearly $9 trillion in purchase transactions. Visa operates in more than 200 countries and processes transactions in more than 160 currencies. Its systems are capable of processing more than 65,000 transactions per second. The pandemic has affected electronic payment companies to a lesser extent, Visa has reduced its sales by 17%. Visa and its major competitors (Mastercard and Paypal) have developed and expanded their brand around the world. Operationally, the company maintains a low level of debt compared to its competitors so it will meet its financial obligations. Fundamentals: - Growth - 15.7% estimated net profit growth for the next 3 years. - ROE 30% VS 13.7% industry Technicals: - Price level below the 250-200-150 SMA. - Williams R% at -79 levels - RSI oversold (37) - -10% downside during the month Visa showed an 11% correction from Dec. 9 to Jan. 28, which stopped at $193.6 support. The last results presentation on January 28th have not affected the share price, so it should have been already discounted. Finally, technical indicators such as SMA and Williams R% show positive signals for the stock.
NYSE:VLong
by NewroadTrader
1
VISAVisa will issue a crypto card with a cashback in Bitcoin. The new product will be offered to US customers in the spring of 2021. Visa will launch the card in partnership with crypto startup BlockFi, bank Evolve, and credit card operator Deserve. Those who want to use a crypto card will receive an annual service fee of $ 200 and a cashback of 1.5% for each purchase. The cashback amount will be accumulated and automatically converted into Bitcoin on the client's crypto wallet in BlockFi. Visa is one of the largest bankcard operators in the world. If the new card is really popular, it could have a positive impact on the company's financial performance. Visa has tried to break ATH several times. It formed a bullish triangle pattern. If the 220 level is broken, a further movement to new heights is expected. Best regards EXCAVO
NYSE:VLong
by EXCAVO
9
The bullish movement keeps pushing / VISAToday, we will show our analysis and setup we are currently taking on VISA a) There is a clear zone that the price had troubles to break (All time high zone) b) Yesterday, we saw a new breakout of the zone after sideways movement from September c) We have opened positions after the breakout of the last corrective structure d) Our Entry level was above B (check the link to related ideas to see how we trade this type of structures) / Stop below C and Take Profit on the Fibo extension e) We are taking the risk of 1% on our Capital f) We expect a resolution of 30 - 45 days on this setup. The Risk-Reward ratio is 1.5
NYSE:VLong
by ThinkingAntsOk
2
We are ready for a new impulse on VISA Today, we will share a long setup on VISA Main items we can see on the chart: a) The price is on a critical level (either for a breakout or a reversal) b) we conclude that IF the price makes a new higher high, we should expect a continuation of the bullish movement c) The reasons are: -We can see a Huge Corrective Structure (ABC pattern). The target of the Structure is the First Fibo Extension -We can see a smaller Corrective Structure (that made a new ALL TIMEL HIGHS) (small ABC) -The current corrective structure with the previous one, Provide us a solid Bullish view for this stock in case of a breakout above 217.90 d) We will be trading this setup with the same parameters we are showing here. Our Break Even level is 228,12 e) We expect a resolution between 12 and 20 days in case the setup is executed f) We will cancel the setup if the price goes below C
NYSE:VLong
by ThinkingAntsOk
1