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stocksJul 9, 2026, 3:16 PM

Visa Breaks Higher After A-B-C Correction, Eyes New Highs

Visa's stock completed a three-wave A-B-C correction near the 293-300 support zone and is now breaking higher, with wave five targeting new highs above the 2025 peak.

V

Visa (V) has completed a textbook A-B-C corrective pullback from its 2025 highs, finding support in the 293–300 zone as anticipated. The decline unfolded in a clear three-wave structure, setting the stage for the next leg higher.

With the correction now in the rearview mirror, price action is breaking to the upside, suggesting the start of a fifth wave that could carry the stock to fresh all-time highs. Traders are watching for confirmation above the previous high to validate the bullish outlook.

Source: FXStreet Forex News