VISA06 trade ideas
Bear Market Bounce in Visa?Visa has had a rough quarter as fundamentals weaken in the increasingly crowded payments space. Now it’s rebounded toward areas where sellers may return.
The first pattern on today’s chart is the declining 50-day simple moving average (SMA). The credit card giant hasn’t quiet reclaimed this line but it’s getting close. It could be potential resistance.
Next is the price zone between roughly $216 and $220, which encompasses several potential levels. For example, the peaks of September, November and December of 2020, and the lows of May and September 2021. One or more of those could offer resistance.
Third, stochastics show an overbought condition following the recent bounce.
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$ VISA 2 Hours DISCLAIMER:
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$V - Head and shoulder break down target reached! V bottom? Visa has paid in full for head and shoulder break down and stock has now reversed.
$204 to $205 can act as resistance area. Breaking above that area would be bullish. Looking like this could be a case of V bottom.
Target 1 - $212
Target 2 - $221
Target 3 - $231
Risk - unable to break above $205
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Long VAfter a measured move down which brought us to sub 200, visa looks to have broken the falling wedge. I am bullish on visa and i think these prices are an absolute deal right now.
So far it seems to be holding the trend and i do expect it to make its way back to 250 especially with holidays coming up. Expecting it to retest the line before moving up.
I am long visa so i will be adding shares here for long term.
For a swing trade idea:
Pt 1:215
Pt 2: 225.
DYOR.
VISA preparing for the bull runVisa ( NYSE:V ) has entered an important zone and has already fallen more than 20%, which is quite rare for Visa apart from major worldwide crashes. Basically said, Visa is cheap relative to its performance and even though Amazon's negative news affected last days of the price of Visa, those two companies are still in discussion about cooperation and I believe it will be eventually resolved.
Now, I am looking for a significant pullback and breakouts from minor trendline. I have started trading in small positions and accumulate in following days.
Visa - Picking a bottomI mainly invest using backtested methods - my current strat expects visa to rise an average of 1.4% over the course of the next 7 days.
Now that that's out of the way, I looked at the stock with literally no technical analysis knowledge and measured it's standard drawdown period.
It's very common for the stock to drawdown for 7, 14 or 30~ days and then rebound heavily.
That's basically it, based on the historical performance of Visa and it's inclusion in a strategy that does 1.4% on average after a buy signal, I'm bullish Visa.
This is my first post btw. Please forgive formatting, and the mess.
Kaufchance VisaInvestmentthese: Megatrend Payment / Reisebranche kommt in Zukunft noch mit den Umsetzen nach Corona Rücksetzer: > 20 %
Strategie: Langfristig in Visa einsteigen:
a) CSP: 30-50 DTE abhängig von der Vola (IVR > 60%): 185 -P (31DTE): Prämie 264 / Coll.: 18500 € / BE: 182,36 €
optionstrat.com
b) Aktien: 4 Positionen = 195 * 100 / 4 = 4875 € pro Position
c) Bull Call Spread: 237 % Return on Risk
- Net Debit: 1452 €
- BE: 214,52 €
- Max Profit: 3548 € (Ziel: 251 € altes Hoch: 28%)
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.