Visa may rise to 288.20 - 291.50

Our pivot point is at 269.2.

Our preference

Short term rebound towards 288.2.

Alternative scenario

The downside breakout of 269.2 would call for 263.4 and 260.1.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands above its 20 day moving average (273.2575) but below its 50 day moving average (273.9918).

Supports and resistances

295.2 **

291.5 *

288.2 **

284.9

273.53 (USD-last)

271.3

269.2 **

263.4 *

260.1 **

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