Visa may fall to 255.70 - 258.90

Our pivot point is at 275.5.

Our preference

The downside prevails as long as 275.5 is resistance.

Alternative scenario

Above 275.5, look for 280.6 and 283.9.

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 275.311 and 276.1974).

Supports and resistances

283.9 **

280.6 *

275.5 **

273.3

268.86 (USD-last)

261.8

258.9 **

255.7 *

252.4 **

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