Visa Inc.

V - SOS rally + a backup action to conclude re-accumulation?

384
Context: Trading range between 185-202 was formed since June 2020 after the buying climax.

Structure: Currently undergo SOS rally breakout the resistance. A backup action is expected as a test. After that, major SOS rally or a markup phase is to be expected.

Bias: Bullish

Key levels: Support: 202, Resistance: 209

Tactic: Potential long upon a reversal and breakout from the backup action.

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