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Visa Inc., Elliot Wave Analysis
8/3/2022 12:23 PMThe price is in a correction and may grow.
On the daily chart, the third wave of the higher level (3) formed, and a downward correction forms as the fourth wave (4). Now, the wave A of (4) has formed, and the wave B of (4) is developing, within which the wave a of B has formed. If the assumption is correct, after the end of the wave b of B the price will grow to the levels of 226.95–236.61. In this scenario, critical stop loss level is 185.70.
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