Visa may fall to 234.40 - 239.70

Our pivot point stands at 268.3.

Our preference

The downside prevails as long as 268.3 is resistance.

Alternative scenario

The upside breakout of 268.3 would call for 277.4 and 282.9.

Comment

The RSI is below its neutrality area at 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 265.065 and 270.5374).

Supports and resistances

282.9 **

277.4 *

268.3 **

264.9

259.46 (USD-last)

245.1

239.7 **

234.4 *

229.3 **

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