Visa may rise to 289.10 - 295.10

Our pivot point stands at 260.2.

Our preference

The upside prevails as long as 260.2 is support.

Alternative scenario

Below 260.2, expect 250.8 and 244.9.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 264.2435 and 265.8444).

Supports and resistances

300.8 **

295.1 *

289.1 **

283.4

269.19 (USD-last)

263.9

260.2 **

250.8 *

244.9 **

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