Solid News
Visa Inc., Technical Analysis
9/5/2022 12:07 PMShares of Visa Inc., America's largest multinational payment services company, are correcting at 198.00.
On the daily chart, a global Triangle pattern with dynamically narrowing boundaries at 185.00–217.00 is developing, and at the moment, the price is heading towards the support line.
On the four-hour chart, it is seen that the even down wave has a high potential for implementation since the only serious obstacle in the form of support around 200.00 has already been overcome by now, and quotes have headed towards the support line around 185.00.
Technical indicators confirm a sell signal: indicator Alligator's EMA oscillation range is directed downwards, and the AO oscillator histogram forms downward bars.
Solid ECN Securities is an international brand formed and authorized in Saint Vincent and the Grenadines with the registration number 1390 LLC 2021 committed to offering the best possible trading experience.
Disclosure: Please note that foreign exchange and other leveraged trading involve a significant risk of loss. It is not fit for all investors and you should make sure you realize the risks involved, seeking independent advice if necessary.
Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023 SolidECN.com