Life Takes VISA

SHARE THIS POST

A breakout to over $65 would be a bullish sign, as [[V]] is bumping up against resistance there. It looks like the stock has found some legs after the first week and a half of trading.  Keep in mind the lockup period is 6 months so if you’re a trader, buy it for a short to intermediate term trade. If you like the story and buy it for the long term, you’ll probably have a chance to add to your position on a pullback later on.

v20080403.png

**CHART UPDATE** 4:01 pm

Looks like we got what we wanted….a Bullish Triangle Breakout

vupdate20080403.png

Disclaimer: Investing in stocks involves risk and potential loss of money. Life may take VISA, but your broker doesn’t.

One Response to Life Takes VISA

Leave a Reply

Your email address will not be published. Required fields are marked *

*

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


feedback