Visa Inc., Elliott Wave Technical Analysis
Visa Inc.,(V:NYSE): 4h Chart 18 January 24
V Stock Market Analysis: We have been monitoring the upside into wave {v} ever since we started moving sideways in wave {ii}. As we reached 0.618 wave {v} vs. {i} we can start to be mindful of an imminent top.
V Elliott Wave Count: Wave {v} of 5.
V Technical Indicators: Above all averages.
V Trading Strategy: Looking to close longs as we are reaching a potential top.
TradingLounge Analyst: Alessio Barretta
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Visa Inc., V: 1-hour Chart 18 January 24
Visa Inc., Elliott Wave Technical Analysis
V Stock Market Analysis: We can subdivide wave {v} into a nice five wave move. There is a possibility for what is labelled as wave (iv) to be wave (ii) and with that we could see higher targets.
V Elliott Wave count: Wave (v) of {v}.
V Technical Indicators: Above all averages.
V Trading Strategy: Looking to close longs as we are reaching a potential top.
