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Visa Is Extended and Could Correct, Here's My Recommendation

Bruce Kamich

Prices have reached a Point and Figure price target so let's check the charts and indicators again. In this daily bar chart of V, below, we can see that prices are above the rising 50-day moving average line and the rising 200-day line. It looks like volume has diminished the past two months but the daily On-Balance-Volume (OBV) line has continued to rise to new highs.