Visa may rise to 287.70 - 293.40

Our pivot point is at 260.2.

Our preference

The upside prevails as long as 260.2 is support.

Alternative scenario

Below 260.2, expect 250.5 and 244.9.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 263.6865 and 265.8828).

Supports and resistances

299 **

293.4 *

287.7 **

282

268.21 (USD-last)

263.9

260.2 **

250.5 *

244.9 **

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