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
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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.
@Balachandar, It has already crossed Fibo 0.618 and testing Fibo 1.618
AGoodTrader
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Hi KG, Fantastic charting technique. The analysis for V is right on the track. keep posting. :)
kgiap123
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@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!