While a number of banking and financial stocks have suffered lately, $V remains quite strong and stuck to our impulse projection.
There was a hiccup just after earnings report because it was only a slight beat in July....but the price has now continued on and it has barely made a dent on the chart....this is something to consider around earnings season, it is always best to zoom out and see if the structure is still in place or if it has broken down....and for $V, it was as if nothing had happened.
A break above the blue line and it holds at $252, the bull case and impulse wave is confirmed.