Visa may rise to 300.40 - 306.40

271 is our pivot point.

Our preference

The upside prevails as long as 271 is support.

Alternative scenario

The downside breakout of 271 would call for 261.3 and 255.4.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 278.0845 and 274.6998).

Supports and resistances

312.3 **

306.4 *

300.4 **

294.5

279.29 (USD-last)

274.9

271 **

261.3 *

255.4 **

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