Visa may rise to 287.80 - 291.10

Our pivot point stands at 270.2.

Our preference

Our next up target stands at 287.8.

Alternative scenario

Below 270.2, expect 264.4 and 261.1.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 273.202 and 274.028).

Supports and resistances

294.7 **

291.1 *

287.8 **

284.5

275.22 (USD-last)

272.4

270.2 **

264.4 *

261.1 **

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