Company Description: Visa, Inc., through its subsidiaries, operates retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services, primarily authorization, clearing, and settlement, as well as related value-added services. It offers a range of branded payments product platforms, which customers use to develop and offer credit, charge, deferred debit, debit, prepaid, and cash access programs for cardholders. The company owns a range of payment brands, including Visa, Visa Electron, PLUS, and Interlink, which are licensed to customers for use in their payment programs. In addition, it provides various other value-added services, including risk management, debit issuer processing, loyalty services, dispute management, and value-added information services. Visa, Inc. was founded in 1958 and is headquartered in San Francisco, California.

Our Analysis: The shares of Visa, Inc. 'V' closed below a key support level yesterday. This is a bearish trading signal. The shares of 'V' should continue to move lower and test $49.13./share, the point from which they gapped higher on the open of trading oon February of this year. If the shares of 'V' close below that level as I expect they will, then they should continue to move lower and test $46.27/shre, the point from which they gapped higher on the open of trading on January 30th of this year. Finally I think there is a reasonable chance the shares of 'V' could test $ 44.15/share, the point from which they gapped higher on the open of trading on January 28th of this year. I see upside resistance on the shares of 'V' at $53.74/share, and have set my stops accordingly at $54.17/share.