Visa may fall to 247.30 - 251.50

273.2 is our pivot point.

Our preference

The downside prevails as long as 273.2 is resistance.

Alternative scenario

Above 273.2, look for 280.1 and 284.4.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 270.693 and 273.0364).

Supports and resistances

284.4 **

280.1 *

273.2 **

270.2

265.44 (USD-last)

255.7

251.5 **

247.3 *

243.3 **

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