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VISA well on track to hit our $265 Target.

VISA well on track to hit our $265 Target.

TradingViewTradingView2026/04/03 21:12
By:TradingView
Almost 5 months ago (November 17 2025, see chart below), we presented a potential Bear Cycle path on Visa Inc. (V), based on its 7-year Channel Up and the previous 2021/2022 correction:

VISA well on track to hit our $265 Target. image 0


As you can see, the bearish sequence has been unfolding very accurately and it appears that we are more than halfway through our $265.00 Target.

On today's analysis we zoom in on the 1D time-frame to better locate the dominant medium-term pattern that is driving this bearish sequence. That is a Channel Down and with the use of the Fibonacci Channel levels we can widen it and identify key rejection points and Bearish Legs.

The most common sequence on it has been a roughly -10.30% drop. Such Bearish Legs have occurred 6 times already and we expect at least another to until the $265 Target as shown on the chart. Based on the slowdown of the 1D RSI it is likely that Visa wont break below the 0.236 Channel Fib but still, as you can see, it can still test both the 1W MA200 (red trend-line) and 1W MA300 (black trend-line), which is the market's long-term Support.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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