VThe trendline kind of sort off is overshooting on this one, would expect a pull back into the channel.
VISA trade ideas
$V 18 AUG 17 C150 at .37Daily chart for V shows breakout and retest of resistance out of rising wedge pattern. Weekly chart posted below to illustrate the lack of overhead supply that normally acts as resistance areas for stocks on their way up. V looks pretty clear for a ride past 150 in my opinion. Earnings Report scheduled for July 25 could act as an upside catalyst. Long call options for Aug 17 150 right now trade for .37. GLTA
Visa buy point is 138, will move to 165 by March 2019Visa will shoot up soon, recommending buy it now ($138-$140).
Visa (Scenarios)Scenario 1) Over the last 3 months, looks like a continuation wedge (bearish) chart has formed, outlined in blue. If breaks below the bottom trend line, could descend down to the support level at $132, and then start consolidating.
Scenario 2) Although, over the course of the last week, looks like a symmetrical continuation triangle (bullish) has formed, outline in green, and is nearing a potential break out.
Scenario 3) The trend may hit the bottom trend line (red), and then continue upward to find a new high.
One of the best performing stocks This stock came into my radar when banks started tanking and V has been consistently outperforming the market SPY and dishing out great earnings. We have a nice trend NEVER have we taken out significant support . But I don't have trade location so I won't go long any time soon. the price action looks like weak holders can easily be shaken out causing volatility on the downside.
VISA potential short setup- VISA network down in Europe
- cryptocurrencies taking over
- Bearish divergence on indicators
VISA Triangle Breakout target @138-140visa symmetrical triangle breakout target @138-140 up to next earnings.
Visa in a triangle. NYSE:V is in a triangle. If breaks upper line then we can see a 10% upside move. If breaks the lower line we can see a 10% downside.
$V Visa Topping Out$V Visa - looking primed for at least one more move down in this current long term ascending triangle pattern. Short term bearish, long term bullish assuming the stock finally breaks through crucial $125.50 level on strong volume. Earnings this week 4/25.
VISA near bottomingCorrection nearly over maybe at 111 or 107$. Buy to catch the last up wave before larger correction in autumn this year along with all the other indices.
Double Bottom Break OUT SIGHTED!V
Core APP:
Investor Confidence Level: 55%
Reason: Biggest Player in Payment System
Over-Valued according to 9% 3 YR EPS Growth
Fair Value: $35.55
TA:
Looking at Double Bottom Breakout
Looking at $116 at Support, $125 Resistance may become support soon, if market price hit above 125 in the next few days.
Market Price hit 5 times on Resistance ad 2 times on Support.
There is a high probably that it may be a bullish breakout.
Holding Period: 1 year
Potential Gain: N/A
RSI: Going to OverBuy
Stochastic Full: Going to OverBuy
EMA 20,50: short term uptrend
EMA 200: long term uptrend
Volume of trade: Increasing
Market Sentimental: Consolidation (Investors are confused)
Breaking out soon.
*Not a recommendation to buy or sell, case study only.*
Options available
DYODD
V 10-Day-Ahead Prediction - 04/11-04/24 PeriodArtificial Intelligence/Deep Learning Enabled 5 Day Ahead Predicted values for Visa Inc. ( V ) have been plotted on the chart.
The method used in this prediction is Deep Learning based, and using complex mathematical models/methodologies to extract hidden time series features in vast amounts of V related data.
The expected 5 Day Change is 0.817 %
The expected 10 Day Change is 1.310 %
Predictability Indicator is calculated as : 0.806
Predicted 10-Day Ahead Prices are as follows:
Wed Apr 11 Thu Apr 12 Fri Apr 13 Mon Apr 16 Tue Apr 17
122.15 122.37 122.06 121.78 121.70
Wed Apr 18 Thu Apr 19 Fri Apr 20 Mon Apr 23 Tue Apr 24
121.80 121.94 122.08 122.20 122.30
Please note that outliers/non-linearities might occur, however our Artificial Intelligence/Deep Learning Enabled predictions indicate the softened/smoothed moving direction of the stocks/commodities/World indices/ETFs/Foreign Currencies/Cryptocurrencies.
Feel free to contact us for your questions.
