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Friday, 11 October 2019

Technicals of VISA (NYSE: V): 11 October 2019, Friday


Technicals of VISA (NYSE: V):
11 October 2019, Friday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of VISA (NYSE: V). Momentum on VISA has been flipped to upmove momentum. Also this move up is the resumption of the next big move up. If you observe all the circled regions within the technical chart, you will realise that the internal lines of the channel are all abided and respect by the market, in turn making the channel a very powerful channel. This means that VISA is ready for the next big wave up from current support. The bullish expanding triangle is a highly bullish expanding triangle, for sharp and big move up. Bullish on VISA.

The Donovan Norfolk Technical Rating:
High Bullish

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