VISA flashed a huge Sell SignalVisa Inc.BATS:VTradingShotVisa Inc. (V) has been trading within a 7-year Channel Up and two weeks ago closed below its 1W MA50 (blue trend-line). Given that this took place after a June Higher High, we can claim that this break-out has confirmed the new Bear Cycle/ Leg of the pattern. Observe the incredible symmetry of the 1W MACD, which on the current level (-0.0058), it was when the November 01 2021 and March 09 2020 breaks below the 1W MA50 occurred. They both eventually crashed to the bottom (Higher Lows trend-line) of the Channel Up. As a result, we officially turn bearish on this stock and based on the previous Bearish Leg that broke below its 1W MA200 (orange trend-line) and hit the 0.5 Fibonacci retracement level before rebounding into the new Bullish Leg, we expect to see the price drop to $265.00 before forming a bottom. That would be a potential contact with the 1W MA300 (red trend-line) as well. --- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πΈπΈπΈπΈπΈπΈ π π π π π π