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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 179.43 and 170.18. If the stock breaks down through support at 179.43 then it will probably continue lower to 170.18. The stock will meet resistance at 182.33 and 210.43. If the stock breaks up through resistance at 182.33 then it will probably continue higher to 210.43. The 200-day moving average is at 167.49. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (75.34).”
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