Hey Traders/Investors,
Visa has had a nice run once it bounced off support at $198.95, which was a Triple Bottom dating back to March 2022. The stock is close to breaking out of a downtrend starting in Feb 2022. Recently, you can see an ascending triangle forming. Ironically, the triangle is very close to the resistance line of $215.21. If the ascending triangle breaks to the upside, the move could be powerful.
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Thanks,
Mike - mikepairmoney.com
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