Tag: visa

Visa – January 5, 2025

Target appearing on V … stay long until the long term log trend line is taken out to the downside on a weekly/monthly close

Well, back to the grinder tomorrow … man it’s been awesome having some time off. Waves – HUGE. Actually too big as the beat down getting out is – frankly – like ice fists to the face. But, the waves are tasty … yew!

Last post on V: https://bartscharts.com/2024/09/25/visa-september-25-2024/

Support held … now, take a look at this projection. It took me a little while to ‘see it’ but when I did the projection I actually ‘saw’ that the resistance might have been a .618 price projection. Nope.

Folks, the ‘first’ ABCD on Visa is just a little higher … additionally, STAY LONG until the LONG TERM LOG TREND LINE is taken out to the downside on a weekly/monthly close. This is a beast.

VISA – September 25, 2024

Visa – big lawsuit and playing w/ long term LOG trend line support – watch this one closely!

VERY long term LOG trend line has been the support for VISA. Watch this one closely.

When I did post the 3 drives to a top below – had no idea they were being sued – https://www.kiplinger.com/investing/stocks/whats-next-for-visa-stock-after-doj-lawsuit

Visa … an amazing business model and an amazing ride and some cool math.

Hint: take some profit …

Here’s some charts on Visa .. actually doing this blog post to the JOSHUA TREE by U2. What a great piece of poetry .. “The Mother of the Disappeared” is amazing. Anyway … I think this run in Visa is done “here” or into the 3 drives.  check out the monthly bearish divergence present .. should be topping “now-to soon”

cheers, continue to make it a great weekend …

Bart

Page_16-04-09_14-48-31

might go up to that upper trend line but this “long term” bearish divergence has me concerned … check it out.

Page_16-04-09_17-22-03

folks, the above chart shows the fundamental frequency.  if you want to figure it out …check out http://www.stockcyclesforecast.com as Michael Jenkins is not only an amazing mentor but he’s a friend.  HE TAUGHT ME THIS … the credit is all his.

Page_16-04-09_17-47-20

above are the targets …not sure which one it will be.

all that being said – we have a GREAT SELL PATTERN appearing NOW.

so, IF this holds then Visa could start down BIG ELSE it will seek the higher targets.

Page_16-04-09_17-53-09

So, on the long term charts the monthly bearish divergence coupled w/ the targets shown above and the SELL PATTERN hitting on Friday say that this goose is cooked. I will be shocked if Visa can overcome the levels shown above … but that doesn’t mean anything, it’s all probability.

let me know if you have any questions.

B