$V is still showing relative strength against the market and fundamentally it should be regarded as a safe haven but because it is so heavily linked to consumer spending, it is still a cyclical stock so it can't be regarded as a safe haven for me.....that being said, its product along with Mastercard have such a large share of this market that they will be difficult to beat and will continue to stay strong for many years to come.
The plan however remains the same here
We still have resistance at the 1.618 Fib for Wave 3 and I still want to see a pull back for Wave 4 as shown
A test and hold at $271 would be ideal here.