Visa tries to vent off overbought saturation - Analysis - 07-12-2022

Visa's stock (V) fell in the intraday levels after the pivotal resistance of 217.60 held its ground, while gathering momentum to rise anew, while venting off overbought saturation in the RSI, while buoyed by piercing the downward trend line, with support from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the pivotal resistance of 217.60 anew. 

Expected trend for today: Bullish