Visa may rise to 310.80 - 317.20

Our pivot point is at 279.4.

Our preference

The upside prevails as long as 279.4 is support.

Alternative scenario

Below 279.4, expect 268.5 and 262.2.

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 278.5865 and 276.5782).

Supports and resistances

323.9 **

317.2 *

310.8 **

304.1

290.62 (USD-last)

283.8

279.4 **

268.5 *

262.2 **

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