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$V Visa Joins the Fintech Rally

Panjang
Visa (NYSE:V)  
Bullishcharts  
NYSE:V   Visa
Fibonacci Parallel Channel Trend Lines
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fibonacci parallelchannel trendline

VISA has reclaimed the 50ma as support after a sharp decline with the market in September.
As earnings approach we expect a run up into the event as VISA continues to benefit from the
surge in ecommerce due to Covid.
MACD has just completed a bullish crossover
Histogram is positive
RSI rising and room to run higher.
Old channel may act as resistance to any rally as will the previous high.
Price target $215
Penafian

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