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Visa Inc., (V) Daily Chart

V Elliott Wave Technical Analysis

FUNCTION: Trend

MODE: Impulsive

STRUCTURE: Motive

POSITION: Wave 5 of (1).

DIRECTION: Upside in wave 5.

DETAILS: We are looking for a potential extension in Minor wave 5 as we are trading above Trading Level 3 at 300$.

Visa Inc., (V) 1H Chart

V Elliott Wave Technical Analysis

FUNCTION: Trend

MODE: Impulsive

STRUCTURE: Motive

POSITION: Wave {iii} of 5.

DIRECTION: Upside in wave {iii}.

DETAILS: Looking for upside into wave (i) of {iii} as we can identify a three wave move into wave {iii} which ended right above 300$.

This analysis of Visa Inc., (V) focuses on both the daily and 1-hour charts, using the Elliott Wave Theory to assess current market trends and forecast future price movements.

* V Elliott Wave Technical Analysis – Daily Chart*

Visa's daily chart shows the stock is in wave 5 of (1), continuing its impulsive move upward. The price is trading above TradingLevel3 at $300, indicating strong bullish momentum. There is potential for an extension in Minor wave 5, which could push prices higher as the uptrend progresses.

* V Elliott Wave Technical Analysis – 1H Chart*

The 1-hour chart shows Visa is in wave {iii} of 5, with a clear three-wave structure within this wave. The stock has maintained strength, holding above $300. We are currently looking for further upside into wave (i) of {iii}, continuing the bullish trend.

Technical Analyst : Alessio Barretta

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