TECH Buy 08.05.2024 08:28
Visa Inc.: wave analysis
Growth is possible.
On the daily chart, the third wave of the higher level (3) formed, a downward correction ended as the fourth wave (4), and the fifth wave (5) develops, within which the wave 3 of (5) forms. Now, the third wave of the lower level iii of 3 has ended, the local correction iv of 3 has formed, and the wave v of 3 has started. If the assumption is correct, the asset will grow to the area of 300.00–310.00. In this scenario, critical stop loss level is 266.55.
Indicators
Overall recommendation Buy
Overall recommendation Sell
Overall recommendation Active Sell
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Wait