Visa Stock Sees Strong Growth and Resumes Uptrend
Visa Inc., trading under the ticker V-N, has shown impressive growth since its low point in October 2022 at US$174.60. By June 2025, the stock had risen to US$375.51, surpassing a rising trendline and its 40-week Moving Average (40wMA). In an earlier analysis on August 23, 2023, when Visa was trading at US$242.30, it was suggested that breaking above US$245-250 would indicate initial targets of US$275 and US$300.
Visa has indeed reached these targets and exceeded them before experiencing a brief correction below a falling trendline. The recent surge above this line indicates the resumption of the long-term uptrend, according to Monica Rizk, Senior Technical Analyst at Phases & Cycles publication (www.capitalightresearch.com).
The support level for Visa is near US$345-350, but a significant decline below the 40wMA (currently around US$330-335) would be a negative signal. Point & Figure measurements forecast potential upside targets of US$390 and US$420.