Article By:
Elliottwave Forecast
Tuesday, February 13, 2024 3:05 AM EDT
This article dives into the potential technical trajectories within its weekly cycle using Elliott Wave Theory
In this article: V
Ancient Lessons For Modern Planners
It may not have as much of an impact as you think. Many companies like #Visa, #Mastercard and #Amex made a big PR splash saying they were cutting off Russia. But if you read the fine print, they simply were not letting people use Russian issued credit card in other countries. They will still work just find in Russia, which means this will have virtually no affect at all.
$V $MA $AXP $MCD $AAPLAs for companies like #McDonalds and #Apple, Putin said he may simply nationalize those companies' stores and confiscate all their assets, and continue to run them with Russians in charge!
Visa, Mastercard, Amex Suspend All Russia Operations
This is nothing but a PR ploy by these credit card companies. The cards that were issued in Russia will still work in Russia. This will have literally no impact on the Ukrainian invasion.
If these companies really wanted to make a difference, they would prevent them from working IN Russia. Of course that would actually cost them money. $V, $MA, $AXP
Visa: Attractive Growth, But This Dow Stock Is Too Expensive Today
I just think that for a major DOW component like $V to drop 35% there would have to be some kind of major fundamental issue, or a severe market correction. Earnings next week could cause a pullback, but I think #Visa will break 200 before EOY.
Visa: Attractive Growth, But This Dow Stock Is Too Expensive Today
The only way $V will ever be 120 dollars again is if it does split like in 2015.
Visa’s Growth Slowdown Has Begun
Of course $V revenue is going to slow b/c of inclusion #Visa Europe has been realized. In 2008-3Q2016 growth was high single digit to low teens. 2017 was exception b/c of Europe. 2018 will be as before high single digit to low teens.
Visa’s Growth Slowdown Has Begun
The only way this is going to drop is if market conditions bring it down, otherwise it’s about to breakout. Bullish on $V.
Visa Is Still A Buy
Good read @[Quad 7 Capital](user:61213), but what's your take on @[Noah Kiedrowski](user:61502)'s opposing view on $V?
www.talkmarkets.com/.../visas-growth-slowdown-has-begun
Would love to see you two debate #Visa so I could figure out which one of you is right!
Visa’s Growth Slowdown Has Begun
Interesting read @[Noah Kiedrowski](user:61502), but what's your take on @[Quad 7 Capital](user:61213)'s opposing view on $V? www.talkmarkets.com/.../visa-is-still-a-buy Would love to see you two debate the virtues of #Visa.
Visa’s Growth Slowdown Has Begun
Personally I think $V is on the verge of breaking out. But I'll hold off on buying more based on this article.
Visa’s Growth Slowdown Has Begun
Seems to me that #Visa has been doing great. I don't see any slow down ahead. Are you short $V? If so, please disclose that.