$V Trading the ChannelRemoving some indicators to eliminate some noise.
Break out of channel invalidates trade, looking for a move to middle of channel
Entered 10/15 240 Call and 230/225P bull credit spread
4V trade ideas
TrendyTrades: V with 3PTSI'm bullish on VISA with 3 pts displayed to take profits. Above anchored vwap and break of downtrend. Lets gooo.
$V - Falling wedge breakout daily, calls above 234.5$V - Visa - Falling wedge breakout daily, watch for call above 234.5
Inside the ascending channel on VisaToday we will analyze the current chart of Visa. Let's start:
a) The main two structures we can see on the chart are: The ascending channel and the dynamic support resistance level (yellow lines)
b) Currently, the price is above the dynamic support resistance level and is supported on the ascending channel
c) At the moment, we have a corrective pattern (green structure), and we say "at the moment" because the pray may keep falling and invalidates the whole idea. Yes, that's trading (what a lonely world)
d) Ok, let's keep going. What we can see here is that if the price breaks above the green horizontal line, we will take that as a confirmation of the bullish view towards the two fibo extensions levels.
e) Invalidation level is always below the structure (assuming that the price reaches the entry-level and then start falling)
f) If everything goes as expected, we can wait for a 90 - 120 days movement towards the target
Thanks for reading! And remember: Protect your Capital!
$V going for a break thru?As previous chart from 8/18, performed a short swing starting ending yesterday at 233.05 and opening with a huge dip at 228.90 closing at 231+. Looking forward for tomorrow and net week. Break Thru
Long $V here. $V long tight stop at $227.5. Strong daily trend line. 1st target: $250, 2nd target: $260.
$V hit price pointLooking forward to see a good run after this or at least a nice swing. Not to mention is on price point
waiting for a breakout!We are waiting for a breakout.
Visa has broken the trendline and now we are making lower highs.
As long Visa is making lower highs it stays in a downtrend.
Getting In On Visa WaveVisa is about to break through resistance as shown by the Kurutoga Cloud while there is also a buy signal and MACD shows growing bullish momentum.
Quick put buy off resistance. Buying puts at open for quick sell. Crossing of the stochastic oscillator at around 98% is indicating this short reversal is overbought. Expecting an early morning rejection of the resistance line drawn, but the week long downtrend seems to be reversing.
$V if momentum continuesVisa rallied today at 1.16% close to $235.40. Today was the second consecutive day of gains. Let hope momentum continues. as you can see by it looks it reaching out an entry point on th 4h chart.
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 with 5% room to run?Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on August 13, 2021 with a closing price of 232.62.
If this instance is successful, that means the stock should rise to at least 235.82 which is the bottom of the larger green box. Three-quarters of all successful signals have the stock rise 4.355% from the signal closing price. This percentage is the bottom of the smaller green box. Half of all successful signals have the stock rise 4.952% which is the end point of the black dotted arrow. One-quarter of all successful signals have the stock rise 7.587% from the signal closing price which is the top of the smaller green box. The maximum rise on record would see a move to the top of the larger green box. These are the same concepts for the levels in the red boxes as well.
The ends/vertical sides of the boxes are determined in a similar fashion. The peak of the rise can occur as soon as the next trading bar after signal close, while the max rise occurs within the limit of study at 40 trading bars after the signal. A 0.5% rise must occur over the next 40 trading bars in order to be considered a success. Three-quarters of successful movement occur after at least 14 trading bars; half occur within 27 trading bars, and one-quarter require at least 34 trading bars.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
BONUS ANALYSIS: All five algorithms have simultaneously signaled a BUY on the two hour chart on four prior occasions. All four instances saw the stock move up a minimum of 4.35%. The median move was 5.557% while the average was 5.89%. The top occurred 12-38 trading bars (24-76 trading hours) after the signal bar with the average around 29 bars, and median at 32.5. The stock did not begin moving upward on three of the four occasions. The stock moved down after the signal for an average of 3 trading bars (6 hours). The target top based on this additional analysis could see the stock move toward 244.37 near the close of trading on August 24, 2021.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
Visa Stock OpportunitiesVisa stock is near our area of interest. Rejections in this area could allow price to push to the upside in order to continue the bullish uptrend. Area must remain respected in order for positions to be opened.
Visa is one of the world’s most valuable companies.Bullish,
Long term.
Long long long,
Go go go...
Buy more Visa.
$4.21M $V Call sweep at the 1H sequential 13Market looks toppy. But among all the alerts this is a large size bet. These large size moves tend to follow Demark signals.
Short $V Technical setupShort $V Technical setup
First Target 232$
StopLoss 242$
Broke rising Trendline on Weekly and Daily
Below 8 SMA
$SPY $XLF $SPX
Visa 260+ ?After an earnings sell off, i think visa will move up soon.
I expect 250 then 260 within a few months.
Rsi looks good.
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: Target Exceeded, Bank The BalanceOur target range of $244- $247 has been exceeded, with the share printing a high of $248.37 today.
On Tuesday we suggested banking 70% while retaining the balance to exit at higher levels.
Trade Idea Status: Closed
