4V trade ideas
V scalps to 177.04Visa is an uptrend
Bullish pennant on the 15M chart
Bullish candlestick pattern on 15M chart with last candlestick closing above the 8MA.
Bullish engulfing on the 5M chart
MACD crossed UP on the 5M
For all these reasons i plan to scalp Visa on the bullish pennant BREAKOUT with volume!!
LETS SEE WHAT TMW BRINGS!
Please feel free to leave insight, it is always welcomed!
VISA Target 110 !I applied Trend Analysis, Fibonacci Ratio and Technical Tools!. As Most of the country is under lock down right now economic activities are certainly hampered and we are going to see a long recession. Payment of Airplane Fare, Hotel, Restaurant, Shopping all are stopped ! So why should not V come @ 110 ?
Visa booming upAs people all around the world now got stuck inside there home it is obvious that people can’t spend so much and visa stock is going down but as soon as the corona virus outbreak ends,people will start to spend using their visa card and the demand of the visa will sky rocket and perhaps making a new higher high in the technical analysis.