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Visa Inc (V) “On a long-term technical basis, the stock (V) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 167.55 and 157.49. If the stock breaks down through support at 167.55 then it will probably continue lower to 157.49. The stock will meet resistance at 177.73 and 187.05. If the stock breaks up through resistance at 177.73 then it will probably continue higher to 187.05. The 200-day moving average is at 160.63. This will also act as support. The stock is extremely oversold according to the Stochastic Indicator (11.70).”
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