Visa (
V
) has entered an important zone and has already fallen more than 20%, which is quite rare for Visa apart from major worldwide crashes. Basically said, Visa is cheap relative to its performance and even though Amazon's negative news affected last days of the price of Visa, those two companies are still in discussion about cooperation and I believe it will be eventually resolved.
Now, I am looking for a significant pullback and breakouts from minor trendline. I have started trading in small positions and accumulate in following days.
V
) has entered an important zone and has already fallen more than 20%, which is quite rare for Visa apart from major worldwide crashes. Basically said, Visa is cheap relative to its performance and even though Amazon's negative news affected last days of the price of Visa, those two companies are still in discussion about cooperation and I believe it will be eventually resolved. Now, I am looking for a significant pullback and breakouts from minor trendline. I have started trading in small positions and accumulate in following days.