Visa Under Pressure

Visa Inc.V is trading slightly lower today by 0.60 cents to $72.53. The stock has been under pressure December 16, 2010 when the Federal Reserve Bank changed the rules regarding debit card fees. The stock will have some minor intra-day support around the $72.55 level. Should Visa decline further intra-day the next important support area will be at the $72.00 area. Both levels could see small intra-day bounces. Nicholas Santiago InTheMoneyStocks.com