Visa V Stock Analysis July 2010

By Tim - http://stockstobuy.org

Visa V Stock Chart Analysis - The following is technical analysis for Visa Inc. (NYSE:V) stock for July 7, 2010.

Visa Inc. Support and Resistance Levels: 7/7/10

Resistance - $77.94

Support - $70

http://stockcharts.com/ - Chart

Visa Inc. (NYSE:V) is rallying back to it's 10 day moving average located at $74.06. The bears are more likely to sell here and the bulls who like Visa right now will be buying on a close above this level. Visa will also face even tougher resistance near it's 50 day moving average which is just below $78 right now. Until Visa closes back above the 50 day moving average, I would be a seller into rallies. Short below $70
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