Elliott Wave Technical Analysis: Visa Inc.

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Visa Inc., Elliott Wave Technical Analysis

Visa Inc., (NYSE: V): 4h Chart 7 December 2023

V Stock Market Analysis: We have been moving as expected from the previous update. We are looking for a wave (iv) to then resume higher. This wave (iv) could be sideways as wave (ii) was more of a sharp correction.  

V Elliott Wave Count: Wave (iv) of {iii}.

V Technical Indicators: 20EMA as support.  

V Trading Strategy: Looking for long into wave (v).  

Analyst: Alessio Barretta

Visa Inc., V: 1-hour Chart 7 December 2023

Visa Inc., Elliott Wave Technical Analysis V Stock Market Analysis: Looking for another leg lower into wave c or else more of a sideways consolidating move. Looking to eventually fissnd support on the 38.2% (iv) vs. (iii) at around 250$.  

V Elliott Wave count:  Wave c of (iv)

V Technical Indicators: 20EMA as support.

V Trading Strategy: Looking for longs into wave (v).


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