Bull Signal Has Never Failed Visa Stock
Core Insights - Visa Inc (NYSE:V) reached an all-time high of $290.96 on March 21 but has since declined by 7.5% over the last three months, currently trading near breakeven at $260.38 [1] - A historically bullish signal is present, as Visa is trading within one standard deviation of its 320-day moving average, which has previously led to an average increase of 6.2% over the following month after similar pullbacks [1] - The options market shows a bearish sentiment, with a 10-day put/call volume ratio of 5.75, indicating a higher-than-usual pace of put options being purchased over the last 10 weeks [2]