Visa, stock ticker (V) had a nice day the past 3 trading sessions but is heavily in the over bought range. You can see the retracement on Visa every time it broke past the upper bollinger band. I expect V to sell off over the next few tradings sessions ceteris paribas (all things considered equal) and see a more favorable buy point. Currently as of 11:54 est (V) is trading at 82.72 down -3.14%.
Friday, May 2, 2008
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