Last year, we explained Visa (NYSE: V) bullish sequence and outlined the reasons for more upside. Now that this cycle has ended, we analyze the recent weekly correction. This pullback presents a fresh investment opportunity. Therefore, we update our bullish view for the stock.
Looking at Visa's Elliott Wave count, the cycle from the 2022 low has ended. A five-wave advance marked wave (III) at $375. Following that peak, the stock started a pullback in wave (IV). This correction shaped a corrective double three structure. Price already reached the $300 - $264 Blue Box zone. Investors should buy from this extreme area for the next move higher.
Consequently, Visa should react to the upside with at least a three-wave bounce. Ideally, wave (V) will begin from this zone. This next cycle should target at least the $395 - $427 area.
Visa V Weekly Chart 4.14.2026
Conclusion
Visa's larger-degree bullish cycle remains firmly intact. Therefore, investors should target buying opportunities within weekly and daily pullbacks. Utilize our Elliott Wave strategy for precise entry timing. Specifically, establish positions after a 3, 7, or 11-swing correction completes. Additionally, our proprietary Blue Box system highlights high-probability zones with pinpoint accuracy. As a result, this disciplined method provides traders with clarity and confidence. Ultimately, it positions you to capture the next bullish leg.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
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