Visa Trading Analysis (05/08/2024)
The trend is descending. The sloping channel of the ascending wave structure is breached. The stock is trading in the range between 365 and 135 ЕМА. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trading idea:
- Sell at the breach of 262.80.
- Stop-loss at 267.90.
- Price targets at 258.20 and 253.80.
#visa #stock #tradersroom #daytradingpatterns #forexexpertadvisor
