StockCharts TV on $V (Nov 3, 2026)
Visa is bullish: after last week's earnings it bounced off the 21-day ascending EMA as it has from prior 2026 pullbacks, and early October confirmed June's break of trend-line resistance — a bull-flag pattern. Visa is overextended after a good run, so another pullback would probably be the next secondary entry; payment processors show good relative strength.
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The second financial stock is Visa. I will say that Visa and MasterCard caught my attention. I mean, when I think of the financial sector , it's not typically like the money center banks or regional banks in the United States.
This is a rather different matter, isn't it? And the breakout of payment processors like Visa and MasterCard has been really good.
Visa released earnings last week and as you can see , we got a pretty good upside reversal. As you know, there has been a pullback to the 21-day ascending EMA. Look at the beautiful bounce from that initial line of support, which we often like to recognize, and which is heading upwards.
We have seen several pullbacks before in 2026 and they have all turned back up. You just draw a simple trend line from those swing highs and see that the break above trend line resistance in June and a pullback and upward movement were confirmed again in early October.
So [ __ ] looks a lot like this, right? This is a type of bull flag pattern. See the solution above. This is exactly what we expect to see on charts like [ __ ]. We have already seen this in the Visa chart.
Now the visa is quite overextended or has increased a lot. Its run was quite good. I'll probably wait for another pullback as the next secondary entry point , right? Remember, we don't have to take a new position every time the price reaches a new high.
Looking for short-term pullbacks within a long-term uptrend is often a very profitable way to build good positions during an uptrend. So I would say Visa is an important chart to watch, because it's an area of the market that's showing pretty good relative strength.
We have already seen this in the Visa chart. Now the visa is quite overextended or has increased a lot. Its run was quite good. I'll probably wait for another pullback as the next secondary entry point, right?
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