(Finance) – Excellent performance for Visa, which is trading up 7.37% after announcing a quarterly higher than market expectations.
The credit card giant closed the October-December period which corresponds to the first quarter of the 2021-2022 financial year with a earning per share which stood at $ 1.70 against the consensus $ 1.70.
The comparison of the title with the Dow Jones, on a weekly basis, shows the greatest relative strength of global payments technology company with respect to the index, highlighting the real attractiveness of the stock on the part of buyers.
The medium-term framework of Visa reiterates the negative trend of the curve. In the short term, however, we see the possibility of a timid bullish momentum that meets the first resistance area at USD 223.7. First support identified at 217.6. The presence of any positive ideas tend towards an upward movement with a target of 229.8.