Visa: Completing correction, upside potential ahead [Video]
|Visa Inc. is a global payments technology company that operates one of the world’s largest electronic payment networks. It enables secure electronic transactions between consumers, merchants, and banks in over 200 countries, focusing on fast, reliable, and cashless payments.
Visa has pulled back roughly 15% from its highs and appears to be completing a clear A-B-C corrective decline. Moves out of triangle formations are often final legs within corrective structures, suggesting a new bullish push could be approaching. This outlook is reinforced by the unfilled gap near 371, which historically tends to act as a price magnet over time. As a result, a reversal to the upside over the coming weeks or months would not be surprising. A breakout above the corrective channel would serve as a key confirmation for trend resumption.
Highlights
- Visa appears to be completing an A-B-C decline.
- Channel break signals potential upside continuation.
- Unfilled gap at 371 remains a key upside target for 2026.
- Bullish confirmation above 344.50.
- Support levels at 311 and 298 on deeper pullbacks.
We also updated some other single stocks in the yesterday's(December 17) free video analysis:
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