Visa Looking Good-Visa has been trading in a tight upward channel since January 2021. - Strong Possibility of reaching the 2 year Resistance Line before June. This is not investment advice, just my personal investment idea.Longby mattyice20122
Visa Has Pulled BackCredit-card giant Visa is an interesting stock. Officially, it’s a member of Technology. But it’s also cyclical because of its obvious connection to spending and the financial sector. Not surprisingly, V broke out to new highs in late April as the economy moved closer to reopening. Quarterly results beat consensus and business trends for the current period were strong. V peaked at $237.50 following the news. It then ran out energy and dove back toward $220. That’s an interesting level because it’s near a peak from the end of last year. Two other patterns stand out. First is a trend line running along the lows of late January and late March. Second is the 50-day simple moving average (SMA). Third, notice how stochastics have dipped back to an oversold level. It’s a pretty recognizable setup overall with trend, levels and macro conditions all potentially lining up for the bulls. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.Longby TradeStation1110
V Trade IdeaI have 4 possible entry and scenarios to play on V. Once it hits my entry zones, indicators should confirm strong bullish sentiment for me to entry. Longby mdd1001
Traditional|V|Long *H.rLong V Activation of the transaction only when the blue zone is fixed/broken. The author recommends the use of anchoring fixed the blue zone, this variation is less risky. If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone. The idea is to work out the resistance level . * Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author. + Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled. + ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction. The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %. Blue zones - activation zones. Green zones - take zones. The red zone - stop zone (L-SL 1 first stop zone, L-SL 2 second stop zone) the author provides for the closure of the L-SL2 stop, but you can use the L-SL1 zone at your own risk. Working out the stop when the price returns to the level after activation + fixing in the red zone. Orange arrow - the direction of take. Black arrow - neutral scenario without activating the trade. The red arrow - the direction of the stop. SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take. P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.Longby Henry_RossUpdated 252526
(V) Visa - Trend-line Analysis Visa has had an ascending trend line with 3+ indicators, if a potential pullback occurs back down past resistance then a bullish upside with form bringing it back out above the resistance line and break through for a fair gain. RSI & MACD indicates good volume and buyers interest. Meanwhile the Visa has stayed above its 30 week MA during this trend line.Longby TPT901
(V) Visa - Trend Line ObservationThis analysis for Visa is going off a 3+ touch ascending trend line, with a potential mild pullback back under resistance line followed but a breakout. If volume allows this could see some gain on the upside. RSI & MACD are showing decent bullish signs. Thought this would be a worthy share. Longby TPT901
quick trade into earningsloaded up near a support level pre earnings today; primarily on a hunch that they'd do well on the back of stimulus & reopening spend activity, also because the stock is UNCH for over 400 days & recently breaking out, so my thesis this breakout is warranted despite a 49x P/E. I'm in this trade until PT ~$250ish & no later than May 19, I think it'll fail before reaching resistance at around $262, if it touches 260+, I'm a monkey's uncle and selling hard there. The market is due for a correction, so pragmatism tells me I'll likely slap a trailing stop on this. Otherwise, it was positive earnings reaction, in the green on this, consumers are still buying crap, and payment processors are a better play than AMZN & Walmart. Although I do think WMT is a fair bullish trade assuming the complex hovers into its earning. My .02...Longby QUANDRANTS2
Visa ShortJust off the technicals, it seems like a formation of a double top. Volume is starting to decrease. We can see it falling back to the 206 level displayed on the chartShortby DrBandz114
Visa - Continue to Go UP ?Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good psychology - Do not be hurry to open position and do not do nothing if u see opportunity - Evaluate and upgrade your trading plan Execution Strategy : - Know what you want to buy, see the Fundamental - Decide that you are on investing or speculating - Consider what your strategy based on Investing/Speculating - Make Road Map Of Your Trading Plan - Decide a. Entry strategy b. Cut loss c. Target of Profit Post Trading : a. Do not be sad if you loss or do not be very happy if you win b. Just become a normal without emotion, Do not put emotion into your trading c. Evaluate your trading d. Keep on Learning e. Be Humble Idea : Visa - Continue to Go UP ?by MultiAssetX336
Visa Bounce Back?If Visa breaks out of the current channel, I am looking for $220-$225.Longby mattyice2012Updated 116
Time to pay those credit card bills . Bullish divergence . Put a stop at 199.5 and make yourself some good 2 to 3 % profit boysLongby YRCapital1
Anti-competitive allegation (boo) - $235+ target 2021 (yay)What a juicy entry into Visa. I have worked closely with Visa, and these are some of the big points I think will work in their favour: > Right where the stock was before the pandemic crash in March 2020. What? > Olympic year -- Olympic years are good years for VISA as a TOP partner of the International Olympic Committee. Sure, we are a bit worried about how will the Olympics really look this year -- things seem a bit messy in Japan, but, if Japan can somehow get it together with the vaccines and protocol in time for the Games allowing some tourists in, this could be a good year with definitely stronger anticipated earnings for Sept/Oct earnings call. > Travel and spend -- VISA's main revenue source isn't your domestic spend. Sure, the pandemic has perhaps even surprised VISA, as they reported positive earnings with online transactions and local spend -- but once those boarders open, the spend during international travel is where the bulk of the revenue will emerge from. I feel (and I could be wrong as who knows how safe management wants to play it) -- VISA will have fairly positive guidance during the May earnings report, which will be a big catalyst for the stock to jump and set all-time-high. If not then, I would still hold a position for 2021, because as things get better and people travel, they carry Visa in their pocket. > Cryptos 'r' us + Dividend -- Few months ago VISA announced a Bitcoin based loyalty points program as a new product in select markets. VISA doesn't go "all in", but that's why I like VISA as a less risky yet growth-like stock. It can make strong moves upward, but, also keeps paying a tasty dividend. I had de-risked by taking profits on VISA a few weeks ago. I did miss most of the rally we saw last week, but profit is profit and they still paid me the dividend. I have been looking for a re-entry when I felt the stock cools and a pattern becomes more obvious. BUT WAIT... While this dip is super tempting, I am not going all in just yet. VISA dropped so sharp on allegations of anticompetitive practices, as the department of justice investigates claims that VISA channeled transactions over their own (more expensive) networks for retailers, rather than giving them options to transfer through other networks (which is their legal right and possibly cheaper). What this means is that investors don't like the shock, and decided to take profits. What I will watch for is how the narrative develops over the coming week. If the market is generally recovering and the VISA news has no major follow up, great. If there is more news, we could even get down to $190s. I don't expect the stock to break that support. Good luck traders!Longby Karam08Updated 225
V - Price target $250V - the breakout attempt failed. Could bounce off from the lower trend line. Best case - $250 Bad case - $192 Worst case - $181 ——————————————————— 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.Longby PaperBozz0
Big wedge on $VVisa has been forming a big wedge since the COVID crash back in March 2020. I'm expecting this to break up, but it can go either way. This is something to keep an eye on as a break would likely be fueled by news and would be massive.by velocitylabs12124
Found Support?Looking for a long play here after the sell off. 209-210 area has been previous support/resistance in the previous month.Longby AstralTrades1