Visa may fall to 235.70 - 241.70

269.4 is our pivot point.

Our preference

The downside prevails as long as 269.4 is resistance.

Alternative scenario

Above 269.4, look for 279 and 285.1.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 262.9285 and 267.6098).

Supports and resistances

285.1 **

279 *

269.4 **

265.4

259.76 (USD-last)

247.4

241.7 **

235.7 *

230 **

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