Visa (NYSE: V) Charges Toward New All-Time Highs

Elliottwave_Forecast
08-12 22:02

Visa (NYSE: V) rallied from the Blue Box area earlier this year. It is now getting closer to breaking above the 2025 peak of $375.50. In today’s article, we examine the current Elliott Wave structure unfolding. This analysis leads to the breakout into new all-time highs.

In our previous Visa article, we explained the corrective pullback in wave ((IV)). That decline found buyers at the Blue Box zone. We projected a base around $300 to establish the next rally in wave (V).

The current rally from the March low shows an initial impulsive three-wave advance. It still needs to break above the wave (III) peak. This will deny any potential double correction. Following that, Visa should extend the rally within wave I toward the target area at $395 – $426 . Then, a three-wave pullback in wave II will occur. This correction should remain supported above $300.

Consequently, the stock should continue its extension higher within the current bullish cycle. This move will continue until it completes the larger degree five-wave advance.

Visa V Weekly Chart 8.12.2026

Visa V Weekly 8.12.2026

Conclusion

Visa‘s larger-degree bullish cycle remains firmly intact. Therefore, investors should target buying opportunities within daily pullbacks.

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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