Visa may fall to 251.80 - 255.80

Our pivot point is at 275.1.

Our preference

The downside prevails as long as 275.1 is resistance.

Alternative scenario

Above 275.1, look for 282.2 and 286.2.

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 272.0935 and 273.4782).

Supports and resistances

286.2 **

282.2 *

275.1 **

272.4

268.99 (USD-last)

259.8

255.8 **

251.8 *

247.8 **

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