Friday, September 9, 2011

Visa Ready to Spring Higher

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tdp2664 InvestorPlace Serge Berger is the head trader and investment strategist for The Steady Trader . Sign up for his free weekly newsletter . Visa (NYSE: V ) — The payment processing platform company has traded well so far in 2011. I have discussed Visa stock before, and it is again getting close to setting up for a high probability trade. On the weekly chart, note the clear uptrend in place since 2009 and narrowing trading range. Stochastics still have room higher. Overall, it looks like the stock is coiled up and ready to spring.



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