Boxing with Visa

The Daily chart on $V (Visa) has been basing in a Box in 2013. It has made a few left jabs, some right hooks, and looks to be in great shape for its next move. With the MACD in it’s corner, it looks ready to make a real push for the Knockout.

Here is the chart:

V_boxFor a new long position, I would suggest a stop at the prior low of $154 (if it tests there again, more likely it finishes the Gap below to $151.61).

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