Visa is breaking out this weekVisa NYSE:V another Credit service stocks in DJ:DJI that is breaking out. The other one is NYSE:AXPLongby diyquantPublished 1
Visa Breaking Out (Again)Shares of Visa (V) are yet again breaking out to new highs. Barring the market turning south, I don't see much to stand in their way, either. It's been an almost picture perfect stair-step of resistance turning to support. The latest puts minor support at the $141-143 level, with additional support at $136, and with more significant support at the breakout level around $125-127, which happens to coincide with the 200-day moving average at $125. There's an upward sloping trend line in play, as well, which has held up nicely all year long. The MACD has turned positive, and the RSI has broken out of a nice base and is climbing, too. I've been long this name for a while and will continue to buy any dips of significance. Just this past week, as it appeared to be gaining momentum for a breakout, I bought October $150 calls in both my trading account and IRA. Should we get a dip to that $125 area, I'd be a buyer of outright shares for long-term holding. If you're looking for a consumer play, this is the perfect one. While there are some great companies to own in that actual sector (like KORS, ULTA, LOW, HD, etc), this captures them all because there's a very strong chance you'll use the same card at each one, and there's a strong chance it has "VISA" in the corner of the card. I like MA and AXP, too, but V is my preference (DFS to a lesser extent, but growing direct and tuition loans give reason for concern longer-term as the credit cycle squeezes). If you don't own V already or want to add to an existing position, you should be looking to buy any decent weakness! Longby EchoAlphaBravoPublished 0
V - Strong Bull Channel Not much to see here but a strong passive hold here. Longby rayfountain2Published 2
Strong uprend- $V can hit again 140 and more. We might see a rebound here but bullish.Longby hammadshahirPublished 2
No stopping $V if market doesn't crash- very strong uptrend. Bought the dip.Longby hammadshahirPublished 2
Visa ShortNYSE:V Short Reason: MACD & Stoch Crossing Potential DEMA crossing coming up. Leverage 7.5 Entry Price 136.89Shortby spykesPublished 2
$V Nice bounce off the sma50Bought $V when it was close to the SMA50 support, nice bounce this week.by Edogawa89Updated 3
VThe trendline kind of sort off is overshooting on this one, would expect a pull back into the channel.by ARCHIDUKEUpdated 224
$V 18 AUG 17 C150 at .37Daily chart for V shows breakout and retest of resistance out of rising wedge pattern. Weekly chart posted below to illustrate the lack of overhead supply that normally acts as resistance areas for stocks on their way up. V looks pretty clear for a ride past 150 in my opinion. Earnings Report scheduled for July 25 could act as an upside catalyst. Long call options for Aug 17 150 right now trade for .37. GLTA Longby UnknownUnicorn1314136Published 2
Visa buy point is 138, will move to 165 by March 2019Visa will shoot up soon, recommending buy it now ($138-$140). Longby qaasifmatinPublished 113
VISA - Soars to historical record highs.VISA - Soars to historical record highs.by FX_AcademyPublished 3
Visa (Scenarios)Scenario 1) Over the last 3 months, looks like a continuation wedge (bearish) chart has formed, outlined in blue. If breaks below the bottom trend line, could descend down to the support level at $132, and then start consolidating. Scenario 2) Although, over the course of the last week, looks like a symmetrical continuation triangle (bullish) has formed, outline in green, and is nearing a potential break out. Scenario 3) The trend may hit the bottom trend line (red), and then continue upward to find a new high. by FLOW_chartPublished 2
One of the best performing stocks This stock came into my radar when banks started tanking and V has been consistently outperforming the market SPY and dishing out great earnings. We have a nice trend NEVER have we taken out significant support . But I don't have trade location so I won't go long any time soon. the price action looks like weak holders can easily be shaken out causing volatility on the downside.by mberoakokoPublished 1
VISA potential short setup- VISA network down in Europe - cryptocurrencies taking over - Bearish divergence on indicatorsShortby sdzd1234Updated 1
Good Short...Expecting short correction to the control line...Shortby UnknownUnicorn2259134Published 0
VISA Triangle Breakout target @138-140visa symmetrical triangle breakout target @138-140 up to next earnings.Longby foufouxoxoxoPublished 1
Visa in a triangle. NYSE:V is in a triangle. If breaks upper line then we can see a 10% upside move. If breaks the lower line we can see a 10% downside. by AXON-INVESTMENTSPublished 1