By: Scott Redler
I LOVE Visa (V) at this level. Last time I listed Visa it went from 88 to 93ish, and now it looks ready for a move through 100+. Above 94 it should get going again.
I think the data tomorrow will be good news, and Visa’s business is gaining traction around the world. Combine all that with a recovery in the financial sector and improving consumer confidence, and you have a recipe for a significant move in V. When technicals align with fundamentals, we have even more conviction on our trades.
