If you just look at the volume part of the chart, this doesn't look like a stock that should keep going up In the last 2 quarters, all the green days with big volume did not push price higher. Yet price has drifted higher, but it has been on low volume (letting retail traders mark the price up). There's been a lot of days with big red volume bars too. RSI has not been below 40 all year, hard for anyone to remember a time when they shouldn't have been buying this, but here we are.
Stellar results from Visa and it is consistently beating the estimates. This is a stock which I would like to continue in my portfolio. http://alphastreet.com/b4dc9a48
I think Visa is completing the correction and now is a good time to join the trend. There is a rebound upward from the Tenkan line. Stochastic fell below 80 and is ready to move up again. Sorry, I’m again on technical analysis, except for technical analysis I know nothing. Weekly
