Visa may rise to 281.10 - 285.60

Our pivot point stands at 258.1.

Our preference

Short term rebound towards 281.1.

Alternative scenario

The downside breakout of 258.1 would call for 250.7 and 246.2.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 267.3825 and 271.9474).

Supports and resistances

289.9 **

285.6 *

281.1 **

276.5

264.79 (USD-last)

261

258.1 **

250.7 *

246.2 **

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