Visalong
Visa on the Way Up? Visa - Short Term - We look to Buy at 217.06 (stop at 208.56)
We look to buy dips. Previous resistance level of 220.00 broken. 50 1day EMA is at 213.50. 20 1day EMA is at 213.00. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 236.42 and 246.98
Resistance: 237.00 / 250.00 / 260.00
Support: 220.00 / 210.00 / 200.00
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VISA (V) UpdatesVery positive Friday for Visa, which opens in Gap up and closes the day with an important + 10.60%.
Positive earnings and a recent drop due more to take profit and emotional sell-off on the news regarding the dispute with Amazon UK, had created excellent buying opportunities for the world's leading credit card company.
As documented in previous posts, I bought $ 212 in the area and was ready to trade at $ 190, without being executed for 10 cents ... hey, that's trading!
Now, for those who want to hold the stock for a long time, the recent upside matters to a certain extent, indeed, if it retraces it would be an opportunity to accumulate.
For those who are looking for a profit and had entered around my average purchase price or better, an interesting first level is in the $ 232 area, where we have both the POC of the last 6 months and a gap to close.
It is likely that when it reaches that level, the price will suffer and retrace.
Let's remember that, as soon as the dispute with Amazon is resolved, the action could have a session similar to the one on Friday and, of course, the opposite is also true so I recommend following the story.
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA . These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
V dailyGood company to have in your portfolio. You want to buy a bouncing ball company, not those that are rocks. V will EVENTUALLY rebound, wait for any confirmation of reversal (candle stick pattern or chart pattern) to load, that drop was on notable volume. 195 is also a notable area, 150weeklyMA. We can also see a bullish divergence on the RSI.
According to my DCF, Visa is currently undervalue, R/R to have Visa in your portfolio is now bigger than not having it in my opinion.
DCA is the way to go.
Visa (V) LongFrom the highs of July, Visa has lost more than 20%.
To "complicate" the situation, the news released before the opening of the markets on November 17, namely that Amazon wants to ban the use of the famous credit card in the UK.
I ... I had bought the previous day.
Hey ... this is trading.
However, we are talking about Visa and obviously, part of my strategy is to always enter in brackets, so the news, apart from the emotionality of the moment, could create an additional investment opportunity, should Visa continue its descent up to certain levels.
The company is clearly solid, and from a statistical analysis, I noticed that the pull-backs, over the years, as well as being very rare, are on an average of -18%, so we are at a discount, that is to say, it is the time to buy.
Not to mention that I don't think Amazon's decision is final; a deal will be found and when it does, the volatility will be high. (It is, therefore, possible to exploit the momentum by buying call options).
Should the price continue to fall, the entry or accumulation levels in my opinion are as follows:
- $ 190.23: important volumetric level
- $ 179.50: post-covid breakout level, would act as a major resistance.
Target:
- 235 $: important volumetric level where the price will surely react
- $ 250: just before the highs, total take profit
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
V looks bullish using Aspen Trading S/R LevelsAspen Trading S/R Levels are predicting support for Visa @ 209.02.
Visa is looking bullish for the remaining part of the year.
Another tailwind is that Visa typically displays seasonal strength this time of the year.
Please like, share and follow if you agree with the analysis.
Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
Visa Is Starting to Rise Up !Hello everyone, as we all know the market action discounts everything :)
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It looks like Visa Bearish movement has ended when a Breakout of the Descending Channel happened on the 23rd of Sep. after that the stock has started moving sideways with a small edge to the upper direction.
The breakout point has formed what seems to be a solid support level where the market was able to bounce twice from.
The 19th of Oct was a great day for the stock where the market value has jumped from 228.27 to 233.52, a 2,2% increase in 1 day and this bullish push doesn’t seem like it's going to stop yet.
Possible Scenarios for the market :
Scenario 1 :
The market seems to be having a good Bullish momentum at the time this will lead the stock value to push up and hit the resistance level located at 235.14, If the buyers were able to gather more force and breakout that resistance then we will be seeing the price zigzag until it gets to the resistance level located at 247.63.
Scenario 2 :
The Bears might attempt to drive the market back into the descending channel range but they will be met by a big support zone that’s located near the 224.00 range, where a lot of buy power is located, if the Bears were able to drive the price to that level then we will see a big battle where the price will most likely bounce back up and return to Scenario 1 movement.
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The MACD line has crossed the 0 line indicating the market changing from a Bearish state to a Bullish state. With a positive crossover happening between the MACD line and the Signal line
3) The STOCH is in the overbought zone with a positive crossover between the %K and %D
Daily Support & Resistance points :
support Resistance
1) 228.28 1) 232.90
2) 225.90 2) 235.14
3) 223.66 3) 237.51
Weekly Support & Resistance points :
support Resistance
1) 222.71 1) 235.17
2) 214.44 2) 239.36
3) 210.25 3) 247.63
Fundamental point of view :
Large credit card giant Visa is moving into the cryptocurrency space with its own version of credit cards, opening up opportunities for certain large-cap growth ETFs.
With a stake in Visa, ETF investors can play VISA move towards the cryptocurrency space with the Invesco Dynamic Large Cap Growth ETF (PWB).
Indicators point to continued Q4 strength in the domestic air travel recovery, and that's good news for Visa.
The 7-day moving average of U.S. COVID-19 cases, a leading indicator for domestic restrictions and travel, continues to decline since mid-September and Transportation Security Administration screenings as a percentage of 2019 levels improved to 85% from 83% in Evercore's prior Global Air Travel Tracker issue.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
V - STOCKS - 11. OCT. 2021Welcome to our Weekly V2-Trade Setup ( V ) !
-
4 HOUR
Market about to turn.
DAILY
Expecting more bullish price action.
WEEKLY
Buying the turnover!
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STOCK SETUP
BUY V
ENTRY LEVEL @ 229.37
SL @ 220.54
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
$VVisa the largest global electronic payment solutions company, gained a meager 5% – increasing from about $219 at the beginning of 2020 to around $230 currently, underperforming the S&P500, which grew 20% over the same period.
However, the company’s payments volume has seen some recovery over the recent quarters – nominal domestic payments volume and nominal cross-border volume increased 18% and 10% year on year in Q3.
There were two clear reasons for the improvement in payments volume:
First, easing of travel bans and Covid-19 restrictions in several countries, second, the U.S. government’s approval of the $1.9 trillion coronavirus relief package in March.
Visa without question is a strong company.
Visa had a slight pullback as it started to get a little overbought on the daily, now it’s coming out of oversold territory.
A nice clean break of downward channel has been broken and we could be seeing a good old retest of previous resistance to see if it’ll act as support.
Watchlist.
- Factor Four
VISA LONG Since the end of 2020, Visa stock has been on a steep climb. Indeed, after rising more than 40% from November 2020 to October 2021, the stock reached its annual highs at $251.77. The stock is now trading at $225.56 just above our pivot point at $215.50 (blue line). In addition, the stock is in an ascending channel and currently near the lower bound. But the 200-period moving average is still at $223.73, which confirms our bullish scenario. We anticipate a continuation of the rise towards $233.00 (first green line) at first and then towards $249.20 (second green line).
Alternative scenario: A clear break of the pivot point at $215.50 (blue line) would lead to a return to $206.72 (red line).
V Buy ideaVisa currently on the bottom line of the downtrend (white lines) and wicked on the 50 weekly MA on september 17th. Depending on market sentiment, we may have found V bottom. I keep V on watch for a long term buy with earnings coming end of October. V is currently undervalued based on my personal DCF. Full reversal over 228 !
Strong Bull Signs(Visa)We have initially seen a bullish divergence on the squeeze indicator but needed more to dictate that V will have a significant bull move. We have seen the Weis Wave show that people are more interested in the Bull side as seen by the reduction in bear volume, but we have also seen a confirmed buy signal by the Willy Oscillator. For those that want a greater entry then it may be wise to watch for a dip back to Fibonacci Support(232), but I'm overall long on this stock.
Bullish Signals
-Fibonacci Support
-Willy Oscillator
-Squeeze indicator
-Weis Wave
Price Targets/Resistance
-1st 238.42
-2nd 250
Visa Earnings Trade!!Sitting above the 200 Ma w a MACD cross and a parabolic Sar. I could see this continue to the upside. This week and last week companies have been getting massively rewarded for good earnings. American Express ran $10!! Visa is gonna smoke American Express too so I can only imagine. Risky trade but if my thesis is correct tomorrow after hours this thing should pump and we should have plenty the following day to close our contracts in a nice profit.
$522.50 call for august 6th. Grab em up early during market open 7-27 we’re gonna ride this one thru earnings and sell off 7-28
Visa inc Bullish, we knew this !! Hello everyone , as we all know the market action discounts everything :)
on the 26 on June i posted an idea where i talked about the state of the Visa inc Stock market and how it seems to be going in a bullish way , today we see that the market moved just as we thought it was gonna move where the market price moved from the range of 235.61 up to 246 range with no signs of a reversal yet, here is my old post :
The market continue trending in an ascending channel with no break in either support of resistance and the market showing great strength and that its picking up more momentum by the day. The stock strength showing the possibility for the stock to reach the 260 range.
all the indicators confirming this data where we see :
1_The market price trending above both the MA and the EMA (bullish sign).
2_Stochastic oscillator in overbought zone, %K at 94.52 & %D at 86.25 creating a bullish crossover.
3_Williams %R showing great strength in the market and reaching overbought zones.
4_MACD creating a bullish crossover and no divergences are found between the indicator and the market price.
Support & Resistance points :
support Resistance
1_ 239.93 1_243.56
2_ 237.51 2_244.77
3_ 236.30 3_247.19
Fundamental point of view :
• Both the short term and long term trends are positive. This is a very positive sign.
• Visa Stock is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line
with the market.
• Visa Stock has an average volume of 6520070. This is a good sign as it is always nice to have a liquid stock.
• Visa has a Profit Margin of 49.93%. This is amongst the best returns in the industry. The industry average is 2.49%. V outperforms 98% of its industry peers and it has a
Return On Equity of 28.28%. This is better than the industry average of 16.99%.
• The global payments giant Visa has approved the issuance of a physical debit card that will allow Australians to spend their bitcoins at local stores and leisure venues. The
inovation will enable customers to make direct purchases with crypto instead of converting digital assets to fiat money.
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This is my personal opinion done with technical analysis of the market price and research online for The Fundamental point of view , not financial advice.
If you have any questions please ask
Thank you for reading.
Daily Analysis on VISA / Inside an ascending channelToday, we will take a look at Visa.
- The main aspect we can see is the ascending channel as the main bullish structure
- The second item we see on the chart is the dynamic support resistance zone that has been tested several times from above and below
- Currently, we observe a corrective structure that tends to behave as a continuation pattern after the breakout.
- Based on all the previous items. If the price reaches the green line, we will consider it an activation level for this view. Final Target the higher trendline of the ascending channel
- The expected duration for this movement if the price reaches the green line is between 30 and 50 days.