• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 435873 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1419011841 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1419011841 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Watch for Shares of Visa (V) to Approach Support at $156.35

Published on Mon, 02/04/2013 - 13:43
By Adrienne Chilton

Shares of Visa (NYSE:V) opened today below their pivot of $158.47 and have already reached the first level of support at $157.45. Analysts will be watching for a cross of the next downside pivot targets of $156.35 and $154.23.

Visa Inc. operates a retail electronic payments network and manages global financial services. The Company also offers global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.

Potential upside of 5.6% exists for Visa, based on a current level of $157.04 and analysts' average consensus price target of $165.91. The stock should discover initial support at its 50-day moving average (MA) of $153.07 and subsequent support at its 200-day MA of $134.21.

Over the past year, Visa has traded in a range of $106.06 to $162.77 and is now at $157.04, 48% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.0%.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Stock to Watch: General Moly Down 18.5% ...

General Moly (AMEX:GMO) is one of today's worst performing penny stocks, down 18.5% to ...

Shares of TreeHouse Foods Under Pressure...

TreeHouse Foods (NYSE:THS) is one of today's notable stocks in decline, down 1.5% to $8 ...

Buyers Accumulate Shares of Royal Dutch ...

Royal Dutch Shell (NYSE:RDS.B) is a company whose shares are active, trading 1.5% highe ...

Paychex Makes a Move: Down 1.5%...

Paychex (NASDAQ:PAYX) is one of today's notable stocks in decline, down 1.5% to $47.05. ...

Shares of Deluxe Receive a Boost, Up 1.5...

Up 1.5% to $62.22, Deluxe (NYSE:DLX), is one of today's notable movers. The S&P is cur ...

Harris Shares Climbing Higher, Up 1.5%...

Harris (NYSE:HRS) is one of today's notable stocks on the rise, up 1.5% to $72.54. The ...

Shares of Boston Beer Under Pressure, Do...

One of today's notable stocks in decline is Boston Beer (NYSE:SAM), down 1.5% to $293.4 ...

Stock Investors Bid Up Shares of Activis...

Up 1.5% to $20.33, Activision Blizzard (NASDAQ:ATVI), is one of today's notable movers. ...