Visa has broken through the resistance line of a Triangle. It has touched this line at least twice in the last 4 days. This breakout indicates a potential move to 237.90 within the next 10 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Related Posts
GOOGL seems to be on its way to resistance – a possible opportunity?
A strong resistance level has been identified at 197.9200 on the 1 hour GOOGL chart. GOOGL is likely…
A possible move on CVX as it heads towards resistance
CVX is moving towards a resistance line. Because we have seen it retrace from this line before, we…
TSLA likely to test 332.3700 in the near future. Where to next?
TSLA is en route to a very important line that will be a definite deciding factor of what…