Visa may rise to 278.90 - 284.60

Our pivot point stands at 251.7.

Our preference

Short term rebound towards 278.9.

Alternative scenario

Below 251.7, expect 242.1 and 236.4.

Comment

The RSI is below 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 262.5005 and 267.3816).

Supports and resistances

290.4 **

284.6 *

278.9 **

273.1

259.89 (USD-last)

255.4

251.7 **

242.1 *

236.4 **

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