octradr
Long

VISA is on the MOVE!

NYSE:V   VISA INC
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2
Visa just broke out of a the 81.73 resistance zone and will most likely continue the trend up. It may very will retrace back to its weekly support of 73.25 which is a over a 10% risk so be careful. The short-term support is at 79.48 but you may get stopped out.

There is also a good chance that it never looks back and soars to 90 and beyond. The long-term trend is up and there is no good reason to see that trend change. Set a trailing stop of maybe 2% if you think it is just going to skyrocket and want to get it now. This way if it takes off you can capitalize on it and if it starts to retrace down you only lose a little bit and can get back in at a more attractive price. 9/6 B4 close

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