Visa has broken through a support line of a Pennant and suggests a possible movement to 217.75 within the next 20 hours. It has tested this line 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
AAPL heading towards a price it has tested 5 times in the recent past.
AAPL is moving towards a line of 209.3100 which it has tested numerous times in the past. We…
A Channel Down has formed, META is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
META is moving towards a resistance line. Because we have seen it retrace from this line before, we…
V is quickly approaching a very important level it has previously tested numerous times in the past
V is moving towards a resistance line. Because we have seen it retrace from this level in the…