Visa Inc. (V) declined in its latest intraday trading after encountering resistance at the 50-day SMA. The stock remains under the influence of a short-term corrective downtrend, moving along a descending slope, which amplified the negative pressure and forced this retreat. This comes after earlier price action successfully unwound RSI oversold levels, leaving room for further losses.

Therefore, we expect the stock to fall in upcoming intraday trading, as long as resistance at 352.65 holds, targeting the key support level at 328.70.

Todays price forecast: Bearish.