Visa Inc., Elliott Wave Technical Analysis
Visa Inc., (V:NYSE): 4h Chart 7 December 23
V Stock Market Analysis: We have been moving as expected from the previous update. We are looking for a wave (iv) to then resume higher. This wave (iv) could be sideways as wave (ii) was more of a sharp correction.
V Elliott Wave Count: Wave (iv) of {iii}.
V Technical Indicators: 20EMA as support.
V Trading Strategy: Looking for long into wave (v).
TradingLounge Analyst: Alessio Barretta
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Visa Inc., V: 1-hour Chart 7 December 23
Visa Inc., Elliott Wave Technical Analysis
V Stock Market Analysis: Looking for another leg lower into wave c or else more of a sideways consolidating move. Looking to eventually find support on the 38.2% (iv) vs. (iii) at around 250$.
V Elliott Wave count: Wave c of (iv)
V Technical Indicators: 20EMA as support.
V Trading Strategy: Looking for longs into wave (v).
