Visa has been bouncing clearly on ema 200 and also on bull trend line, 3 times! Very clean and Rebound. Bounced off a major support level at $220 beautifully. Visa has been trading at a very rich valuation, over 40x earnings and 20x sales. Its been selling off recently, down about 10% from all time highs. MACD is bouncing to positive and there is a V bounce at RSI.
Revenue growth has been strong despite the pandemic and the company continues to make acquisitions to lead the fintech sector.
Revenue growth has been strong despite the pandemic and the company continues to make acquisitions to lead the fintech sector.