Visa Inc

V is in a Stage 2 advancing regime within a long-term uptrend, underpinned by active Parabola acceleration. Price is currently extended and overbought above the rising 9 and 21 EMAs, so execution is deferred. We will stalk for shallow pullbacks into the EMA support zone to engage.

• ↑Q2 net revenue rose 17% YoY to $11.2 B and EPS jumped 20% to $3.31
• ↑Payment volume grew 9% YoY to $3.7 T, reflecting resilient consumer spend
• ↓Operating expenses climbed 17% YoY, risking margin compression