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Visa Inc., (V) is one of the super and best stock to buy as of March 25, 2019. It’s a big cap growth stocks with strong fundamentals and technical action. Let’s look at the stocks technical actions using a weekly chart.
2. The stocks had solid run up in all 2017.
3. It had a quick and nice consolidation early 2018.
4. The stock resumed the run up again.
5. The stock found support the key 50 day moving average line all along.
6. The stock had another consolidation, but it was wild.
7. The stock lost the 50 DMA support as well during the consolidation.
8. The stock started to bounce back early this year and had more accumulation week than distribution.
9. The ideal buy point would be $151.66 and $159.14.
