Visa may fall to 251.90 - 255.90

Our pivot point is at 276.

Our preference

The downside prevails as long as 276 is resistance.

Alternative scenario

The upside breakout of 276 would call for 283 and 287.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 271.8865 and 273.4032).

Supports and resistances

287 **

283 *

276 **

273.3

270.36 (USD-last)

260.2

255.9 **

251.9 *

247.9 **

Number of asterisks represents the strength of support and resistance levels.