Hamilton's E-Wave Analysis

V Visa April 29 (for my broker)

VISA April 29

Visa is not carrying the credit risk for the accounts, all it does is administer the transactions. I do not like the stock despite that, simple because I think it is in the latter stages of a “wedge”  which has almost retraced 62% of the last down-leg from about $77. It is too late to go long and perhaps too early to short, but that opportunity is just around the corner.