kgiap123
Long

VISA - Potential Buy on Dip

NYSE:V   VISA INC
VISA is oversold and making a rebound after pullback to 0.5 FIBO.
Tested EMA20 Support.
Abandon Baby formation or Harami Cross formed with confirmation.
Estimate 5% upside in 2 to 3 weeks.


Kommentar: Good run !!! But doji candle formed at oversold region.
Still bullish for long term investor.
Trader can take profit If price closes below $122 on next Monday 22 Jan - lower than lowest of last 2 candles.
Hi KG, Analysis Looks good.
Antworten
BalaChandar BalaChandar
@BalaChandar, It has already crossed Fibo 0.618 and testing Fibo 1.618
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BalaChandar BalaChandar
Hi KG, Fantastic charting technique. The analysis for V is right on the track. keep posting. :)
Antworten
kgiap123 BalaChandar
@BalaChandar, It's now overbought at golden Fibo resistance.
Should be doing pull back soon.
Opportunity to add if found new support with higher low. Enjoy!
Antworten
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