30.09.2014 - Price volatility of Visa is set to rise in the near future
Visa's share price continues to consolidate in the range of 206-223 dollars per share. In addition, it is worth noting that the amplitude of price fluctuations declines and price is clamped within the triangle. This situation indicates a strong price movement in the near future. The signals to buy with the objectives of 235 and 250 will be fixing the price above 223. Short positions should be opened after fixing the price below 206. In such case is expected the fall to 197 and 184. We expect a price drop in the medium term.