Visa has broken through a line of 223.50 and suggests a possible movement to 214.32 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 15 days.
Related Posts
INTC seems to be on its way to resistance – a possible opportunity?
INTC is heading towards 23.9200 and could reach this point within the next 17 hours. It has tested…
TSLA formed a Triangle on the 1 hour chart. Retest of support in sight.
TSLA is trapped in a Triangle formation, implying that a breakout is Imminent. This is a great trade-setup…
XOM – breach of price line that’s been previously tested numerous times before
XOM is once again retesting a key horizontal resistance level at 109.5450. It has tested this level 4…