3V64 trade ideas
V - Elliottwave analysis - C of ABC of Y down then UP V - It is correcting down in double three correction WXY down, where ABC of Y is in progress and probably finishes near 200 level. Buy when 2nd wave finishes for next up cycle of 3rd wave up. Small sell set up of C of Y also can be possible.
Give thumbs up if you really like the trade idea.
symmetrical triangle just about ready to break outwe could see a bounce first, but ultimately looking for 227-sih.
inverse head and shoulders ... officially formed today.
need to get past 217-ish. clear skies after.
V - Elliottwave analysis - C of ABC zigzag up V - It is in 3rd subwave of 3rd wave up. so stay bullish with stop level below 206.70 for target above 225 or higher level within either simple ABC or as the part of bigger impulse wave up.
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V - Visa Simple Price Line/Fib play$V
Today: 11/28/20 615pm PST
Plan: Let Visa drop to Price $204.30, ride to price $215.20.
I'm a simple guy and I like simple plans. Visa has a long history of reacting to these price lines, look left and you'll see many supports/rejections. The lower price 204.30 is just before a clear/recent fib 618 line. Adds to the plan.
Visa appears to be zone trading after it's recent climb. Without any news to tank it, let it drop to this old familiar price line, then bounce up from 204 to 215. May take a while for it to fall and rise, so this play is get rich slowly. Choose wisely.
We are ready for a new impulse on VISA Today, we will share a long setup on VISA
Main items we can see on the chart:
a) The price is on a critical level (either for a breakout or a reversal)
b) we conclude that IF the price makes a new higher high, we should expect a continuation of the bullish movement
c) The reasons are:
-We can see a Huge Corrective Structure (ABC pattern). The target of the Structure is the First Fibo Extension
-We can see a smaller Corrective Structure (that made a new ALL TIMEL HIGHS) (small ABC)
-The current corrective structure with the previous one, Provide us a solid Bullish view for this stock in case of a breakout above 217.90
d) We will be trading this setup with the same parameters we are showing here. Our Break Even level is 228,12
e) We expect a resolution between 12 and 20 days in case the setup is executed
f) We will cancel the setup if the price goes below C
Returning to Resistance Visa is due to return to test resistance at $207 a share which is why I purchased calls for $205 a share by next Friday. I believe Visa should be worth $210 around then based off technicals.
V 2020-11-17TICKER : V
DATE : 16/11/2020
PRICE : $212,70
TRANSACTION : $743 454 564,00
AVERAGE TRANSACTION : $92 347 662,93
MAX : $847 029 015,00
% OF MAX : 87,77%
DIFFERENCE FROM MAX : 805,06%
V - VISA INC 1 D LONGWe can see two channel intersections, a central channel intersection, and the MA450 intersection.
But, if it loses them we must leave the operation
