Visa Looks Strong
Although some indices suggest that we should be looking for a bit of a corrective decline in many stocks, Visa (V) remains in a very strong position. I'm looking at a well-defined, relatively low-risk setup here.
What we are seeing in V is actually a retest and hold of a key time and price low made Feb. 13. First, the stock tested and held key price support at the $153.05-$154.40 area. The actual low was made at $154.14, which was directly within this zone on Feb. 13....254 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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