Visa Pullback Likely @ $360Visa has been ripping lately. Expecting a short pullback at $360, down to $321, then consolidation back above $360.
Good luck!
3V64 trade ideas
Visa ABC pattern incomming on the macro? Visa ABC pattern incomming on the macro? Debt crushing the consumer now, lets see what happens
VISA, Short, 2hVISA has broken a key resistance level at $321 and now appears to be pulling back toward this level for a correction. This setup indicates a potential move lower.
SHORT 🔥
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Visa PitchFanNYSE:V
Visa looks to have bounced nicely to touch support of the PitchFan and can go into the green range above making new highs. The last two times the stock bounced and went into green range. Looks good.
Comment what you think about this chart.
Comment any tips or suggestions.
NYSE:V
VISA issuing the first buy signal of the pattern.VISA Inc. (V) has gone a long way since our buy signal almost 5 months ago (August 29 2024, see chart below):
As you can see it was a buy signal just before a 1W MACD Bullish Cross, and straight hit our $320.00 Target before it started pulling-back again the past 30 days.
The +2 year Channel Up pattern is intact and in fact the recent break below the 1D MA50 (blue trend-line) is the first buy signal that is being waved as the price is almost at the bottom of the internal (dotted) Channel Up, which is the Bullish Leg of the +2 year pattern.
The minimum decline within this pattern has been -7.30% so there is still some room for a new low but the 1D MACD indicates we might be seeing a Bullish Cross soon.
In any case, this is a solid level for a first buy entry if you are a long-term DCA investor. Target the top of the 2-year Channel Up at $330.00.
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Take a Cautious Long Position on Visa Amid Market Uncertainty
- Key Insights: Investors should consider the potential for a bounce as Visa's
price is currently at $307.71, and the stock may attract buying interest as
it approaches the identified support range of $290-$297. However, the
prevailing bearish sentiment in the broader market calls for caution and
close monitoring of upcoming economic indicators and earnings reports which
could inform market direction.
- Price Targets: Based on professional traders' wisdom:
- Next week targets: T1 = 320, T2 = 325
- Stop levels: S1 = 305, S2 = 290
- Recent Performance: Visa's market activity has reflected the wider bearish
trends, with a current price of $307.71 representing relative stability amid
broader financial sector challenges driven by inflation fears and rising
interest rates. Recent trading reflects declining momentum, but a potential
support zone remains intact.
- Expert Analysis: Analysts indicate that while long-term trends for Visa may
remain favorable, short- and intermediate-term pressures could lead to
increased volatility. This suggests that positioning in Visa requires a
careful approach, weighing the potential for a near-term recovery against
the backdrop of broader market uncertainties.
- News Impact: The approaching earnings season is set to be a significant
catalyst for Visa, as insights from major financial institutions will shed
light on consumer spending trends amid inflationary pressures. Additionally,
the market is closely monitoring CPI data, which could sway investor
sentiment and affect Visa's transaction volumes in the coming weeks.
Visa Targeting Gap Closure
▶️ The ascending channel gave us an ending diagonal with bearish RSI divergence.
▶️ The break of the bottom trendline is a strong indication that the downside will persist.
▶️ Most obvious initial target is the closing of the gap at 296.34.
Betting on End of Trend for Visa. VThis picture is highly suspect for and end of Grand Wave 5. This is a speculation only as confirmatory levels have not yet been crossed. Yet, we have an constellation of highly suggestive factors. These are momentum divergence (one) on the RSX and RSI (not shown) with Fib extension of 2.414, which we often see in cyclical finishes, second only to a 2.618 if no subdivisions are obvious. Plus, stochastic and volatility indicators are maxed out, suggesting a reversal. We like the nice Fibonacci cluster at 0.5/0.236 between the two cycles.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green or purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis.
Professionally, we are big fans of any indicators from Jurik, De Mark and Ehlers, which we use in addendum in analysis prior to putting down positions.
Trading is a true one man sport. No single confluence of indicators is truly good enough, and a professional trader's sense must be developed through a lot of hard work and over a significant period of time. Good luck out there and stay safe.
Reacting to Market Volatility: Visa Trading Insights for Next We- Recent Performance: Visa has experienced fluctuations along with the broader
market in recent weeks. The current price stands at 317.71, reflecting the
overall market volatility driven by concerns around interest rates and
economic indicators. Despite the turmoil, Visa's resilience and established
market position suggest a strong foundation for future performance.
- Key Insights: Investors should closely monitor Visa's stock as potential
buying opportunities may arise if broader market sentiment stabilizes. Given
the current price range, Visa is well-positioned to benefit if the market
rebounds, particularly through any positive movements in consumer spending
trends.
- Expert Analysis: Market sentiment is mixed, with analysts advising caution
before committing to new positions. Although some sectors, especially
technology, show promise, the prevailing negativity could lead to short-term
setbacks. Experts recommend watching key levels for signs of a bottom
formation that could favor Visa's stock.
- Price Targets:
Next week targets are set at T1 = 330, T2 = 345.
Stop levels are established at S1 = 310, S2 = 295,
- News Impact: The Federal Reserve's recent interest rate cuts and upcoming
economic data releases, particularly those concerning consumer spending, are
pivotal for Visa. Market participants should remain vigilant for any changes
in economic outlook that could impact transaction volumes and overall
revenue growth for Visa.
VISA flashing a short-term sell signal.Visa Inc. (V) has been one of our most accurate recent stock predictions (August 29, see chart below), as it is about to complete the buy signal we gave on the Channel's bottom to a +27.36% rise and hit our $320.00 Target:
Needless to say, if you took that call, evaluate your options as the profit is already enormous. Moving forward, specifically zooming in on the 1D time-frame, we can see that Visa is flashing its first sell signal in a while.
The price isn't only almost at the top of the 2-year Channel Up but more importantly, the 1D MACD has completed a Cup sequence on a Bearish Cross, similar to all early corrections at the start of this Channel.
As you can see all MACD Bearish Crosses were followed by pull-backs of similar size with the minimum being -7.30%.
As a result, we can expect the stock to hit and even break below the 1D MA50 (blue trend-line) at $295.00 (-7.30% decline), which would be also near the 0.382 Fibonacci retracement level (similar to the December 22 2022 Low).
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The 3 Step Rocket Booster Strategy Trading Recap [3.Min Video]In this video, we recap the article that I wrote about
to see if the trading strategy is working.
Now this does not mean all the trades will work
But in this video
we are taking advantage of the one
trade that has worked.
To learn more about the rocket booster
strategy watch this video.
Rocket boost this content to learn more
Disclaimer: Trading is risky please
learn risk management and profit-taking
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Also, learn to use a simulation trading account
To make profit
before you trade with real money
This Is The 3 Step Rocket Booster StrategyRight now you are probably thinking
"This trading thing doesn't work"
Even I think that sometimes
and its crazy to see moves go the direction
I saw after 5 months!
My patience is very thin,
and so waiting for a move to go up can
be a nightmare it's just like farming
and waiting for the crops to grow
sooner or later the crops will
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This is the mentality I have to force my
self to have when it comes to trading
with this strategy in the capital markets.
because, again this is not day trading
This is trend trading.
It's a long-term strategy for beginners.
Do not use margin higher than x3
If you look at this chart of NYSE:V
you will notice the rocket booster
strategy.
What is the rocket booster strategy?
the rocket booster strategy has 3 steps:
#1-The price has to be above the 50 EMA
#2-The price has to be above the 200 EMA
#3-The price has to gap up in a trend
Looking at this chart do you see the trend?
Then it's the right time
to buy.
Disclaimer:Trading is risky you will lose money
please learn risk management and profit taking
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and learn to use a simulation trading tool
before you trade with real money.
V - Stock breaking out of consolidation. V - Stock making new all time highs today after breaking out of consolidation area. Stock is strong on indicators and looking to hit $320. calls looking good above $314. on watch
Visa Inc.Hi guys,
In this chart i Found a Demand Zone in Visa inc CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
VISA filling gap BEarishVISA looks like to fill the gap up opening it did on its earnings
It will probably retest the support of 292 to 296 area
At this point entries can be made to ride the long term bull trend of Visa
its a fundamentally strong stock which will benefit from rate cuts
Entry : 292-296
Stop loss : 270
$V - new all time highs break incoming. $320 PTV - Stock about to break all time highs again on daily time frame. Stock is looking strong on charts. looking for calls above $312.50 for a move towards $320. Stock is strong on indicators.
Visa (V): Pullback Incoming After New All-Time HighsVisa ( NYSE:V ) has reached our anticipated wave 3 target, a significant milestone for this stock that has consistently delivered strong performance. Recently, regulators in the EU have begun probing Visa and MasterCard’s fees, assessing their impact on businesses. While this could pose some risks, Visa’s overall trajectory remains promising.
The stock has been setting new all-time highs consistently, but with the potential completion of wave ((v)) and wave 3, we are now looking for a pullback. This correction could offer a great opportunity to open new long positions. Our target range for the pullback is between $280 and $260, though the exact level remains uncertain. Before this, there could still be further upside, with a potential minor retracement between $311 and $325 that would support a bearish short-term outlook.
We are monitoring this closely and have alerts set to act when the time is right. Visa remains a long-term performer, but patience will be key to capitalizing on its next move.
V Visa Options Ahead of EarningsIf you haven`t bought V before the previous earnings:
Now analyzing the options chain and the chart patterns of V Visa prior to the earnings report this week,
I would consider purchasing the 282.5usd strike price Calls with
an expiration date of 2024-11-1,
for a premium of approximately $5.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Visa (V) heads up at $292.12 then 300.27: Golden fibs to top it?Visa re-testing Golden Genesis fib that has proven itself.
Last visit rejected hard, and now in violent orbits of it.
Just above is a Golden Covid (dashed) fib for back-stop.
$ 292.12 is the exact level of the Golden Genesis fib.
$ 300.27 is a Golden Covid fib above that will fight.
$ 285.28 is the first possible support below for SL.
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.
Visa stock new demand level and investment opportunity Visa stock continues to rally as expected creating new demand imbalances on the daily timeframe. There is a new one sitting at $285 per share. Waiting for the pullback before buying again.
Technical Analysis on Visa (V)Visa's stock ( V ) shows a clear long-term uptrend.
Following a decline in 2022, it regained its 2021 highs in early 2024, breaking through resistance and continuing its upward trend.
The stock reached new highs around the $290 area, then retraced, forming a bullish flag pattern, down to a support area near $250.
Currently, it is testing the highs again in the $290 area, reached via a gap up after positive earnings and revenue announcements. If it confirms a breakout above resistance, with a potential retest, the stock could continue its bullish trend.
VISA: Expecting Good Earnings In July 2024, V perfectly retraced to the high of July 2021 which provides us with 2 fib extension targets going into earnings tonight. PT 1 301, PT 314. The larger fib extension created by taking the high of July 2021 and the low of October 2022, gives us the stronger of the 2 targets - 301. Calls are cheap for this Friday's expiry.
VISA: 2 year Channel Up seeks the next bullish wave.Visa is on a neutral 1D technical outlook (RSI = 53.426, MACD = 2.190, ADX = 43.132) and just above neutrality levels on 1W (RSI = 56.042) as despite being supported by the 1W MA50, it has been rejected twice on the R1 level. That would have been concerning on any other occasion but this time it's not as we consider this similar to the November 2022 R1 pullback, which after being contained by the 1W MA50, it reversed to the 1.382 Fibonacci extension. The 1W RSI trading above its MA for 2 months now, is also similar to October-November 2022. Consequently, we turn bullish again, aiming for the 1.382 Fib (TP = 305.00).
See how our prior idea has worked out:
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