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Visa

Long MA - Second chance entry!Keep your trading simple Bullish Long Term - After closing profits on the first trade on MA now we have anther trading opportunity! Long term target $335 - Closing gap. T1 = minimum risk reward 1:1 I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains. Not a financial advise - trade smart trade safe. Follow me to support my work, Thanks!
NYSE:MALong
by DeepGreen
1
ETH double bottom with bullish potentialIf you followed my last review, which I posted on May 6th and kept on filling with new forecasts till yesterday, you could have made a fortune =) Predicted bottom almost 100% precise. Now that the bottom is formed, time to consolidate and grow. And today I saw news, saying VISA filed an application to create digital currencies with the United States Patent and Trademark Office, citing #Ethereum as the possible network. So that is very bullish for ETH. As I wrote yesterday, if ETH fail to grow above 22000, it may form a consolidation channel between ~20700 and 22000. In this case buy longs from 20700-21050 support zone. That is one of possible scenarios. Another scenario is ultra bullish - ETH price bounce from 21800 support and continue growth. Not the safest long entries here, but its a bull flag until it proves the opposite, so with cautious approach not a sin =) Some additional charts. Below is day chart with Ichimoku Cloud. As you can see, its not yet bullish. In fact, very dangerous. But that cloud above act like magnet, so price will be attracted to it until its form change. That also means that here we have a potential double bottom, but since we don't see higher low yet, its early to celebrate the bull run. So as I said, safer entries are from 207-210 zone. Anything above is a risky approach catching breakout that might not happen.
Long
by WiseAnalyze
VISA NEXT DAYS/WEEKS ANALYSIS - Counter thrend-next breakoutDAILY CHART As ween can see in the daily chart, the visa stock until the end of March was in a strong downtrend. Around 24 of March it has a double bottom and then began a new uptrend. We can say it is going for uptrend cause the Lower High around $168 was broken,and now as we can see the price is retesting that previous resistance that now is a new support. We saw the price retrace at 0.382 fib level (indicates a strong trend ) and now its forming a descending triangle as consolidation phase. The price will consolidate for some days and then it will eventually breakout to the upside. 30min chart - not for analysis but we can see a more detailed description of the moves and the retracement. Scenarios It might happen that the price will consolidate for the next days in that triangle and then breakout and first target will be 1.27 fib extension and second target is 1.618 fib extension around $196. We also see in the market structure if we look left that also in that level of 196$ there is a resistance line so it probably go up and test it. That is only my thoughts and not an advise.
NYSE:VLong
by we_axolotl
Visa Shorts a potential bearish continuationI've been waiting for the top of this potential retracement from the initial virus bearish move. The candlesticks from the last 7 days, together with the decreasing volume seem to be good indicators of a bearish continuation. Other factors would contribute: - March 2020 US retails sales showed Discretionary sectors posting deep declines - 15 April FT report "US banks detail dramatic fall in credit card spending" Citigroup reports that Card spending fell by 30% in the last week of March. - Mortgage defaults are expected to be high and with 1/3 of Americans missing April rent payments. Credit cards or credit card cash loans might become a desperate short term solution but this will only spiral to bad debts I would have prefered to buy put options but I feel at this point it is super overpriced due to the high implied volatility. Entered the trade with a good 1.53 risk-reward ratio
NYSE:VShort
by Ronin_trader
VISA MAINS - LONG on the cardsThis is probably one of my much riskier trade propositions. Visa has its earnings report published tomorrow morning. It's very easy to tell that, yes, VISA will report a loss. However, my proposition is that the earnings loss will not be nearly as substantially bad as first expected. Alongside that, we have a clear divergence off of the trendline, now heading directly for the 200MA. This trade all depends on whether or not it can successfully break the 200MA. That's why it's one of my riskier ones. The volume looks healthy, but not necessarily pertinent enough to constitute the push. Personally, it's certainly viable; especially with the aforementioned earnings report. The dotted line is a level I can see us hitting after an initial push upwards. It's possible that we never hit that level before a large shove up - it's equally possible that the market will turn against us bullish lot and shove us down. I'm taking this trade with extreme caution - it's more of a long term hold than a scalp but we shall have to see how it plays out. Onwards!
NYSE:VLong
by lndlsnt
SP500 Going UpWhen I said it would go down in DEC19 I had to be confident to stand on my analysis, and it played out. Here I support why its going back up, you've gotta draw the line somewhere, if its as the media portrays the world would have ended 10 times over already! TRUTH is concerning as this outbreak is, compared to our massive world population of 7.8 Billion (MAR20) the numbers of this virus outbreak are minuscule. They've been selling fear and the masses have been buying, business as usual, before this they were fear mongering about something, after this they'll find another issue to cry about. If you ask me this may have very well been a snowball of media fear mongering compiled with the sensitivities of feeble minds. Being a medical matter, most of us and politicians are not educated on the subject matter, so it becomes important to follow the leader, because nobody wants to be taking the blame for mishappenings. Here I believe the uptrend has started, and slowly but surely will return to sync with the pre corona trend. Here on the M chart I believe it can close above 2500, or at 2500 by month end in 2 days, meaning APR the uptrend to become evident. Just my take, do your own due diligence.
SP:SPXLong
by mostpro1