Visa may rise to 290.70 - 294.40

Our pivot point is at 272.4.

Our preference

Our next up target stands at 290.7.

Alternative scenario

The downside breakout of 272.4 would call for 266.6 and 263.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the stock is above its 20 and 50 day moving average (respectively at 275.7355 and 274.711).

Supports and resistances

297.7 **

294.4 *

290.7 **

287.3

278.67 (USD-last)

274.6

272.4 **

266.6 *

263 **

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