FUND Sell 22.09.2021 11:47
Visa Inc.: potential for further correction remains
Visa Inc. stock shows a 1.8% corrective strengthening from the new 5-month low of September 20. Since the beginning of September, the company's shares have lost 3.9% in value, and 1.28% over the past week, while the S&P 500 index fell by 2.00%.
TECH Buy 15.09.2021 07:48
Visa Inc.: wave analysis
The price is in a correction and may grow.
On the daily chart, the fifth wave of the higher level (5) develops, within which the third wave 3 of (5) forms. Now, the third wave of the lower level iii of 3 has developed, and a local correction is ending to form as the fourth wave iv of 3. If the assumption is correct, after the end of the correction, the price will grow to the levels of 260.00–275.00. In this scenario, critical stop loss level is 215.50.