The markets have been tentative this past week and started this one slumping. Visa $V saw a sharp pullback against a persistent bullish trend. Visa (V) Daily Chart(click to enlarge)Pullback:- As we can see the 6/25 session pullback was sharp and engulfed many previous bullish candles. This suggests we will have further downside.- Usually, when price pulls back during an uptrend, we should look for the RSI to stop falling when it approaches 40. This was the case going back to early 2017.First Support:- If we follow this very bullish trend we should anticipate support here at $130, and we DO see some buying already. - I would usually lean on buying on a dip like this especially since the RSI is approaching 40 againg.- But the dip was a little too strong. I think this time, we will have a larger correction and the $130 support won't hold up that long.- Now, if price rebounds and shoots back above $132.50 I might be wrong. But resistance at $132.50 would add weight to the more bearish outlook.- If the breakout in April followed a year-long consolidation, I might anticipate a stronger bullish outlook, but the triangle consolidation as only 2-3 months in the making before breaking.Second, Key Support:- Instead I would look at the broken triangle as a reference for possible support. - The apex is around $122-$122.50, so we might want to anticipate support there, with some elbow space down to $120. - A break below $120 however tells me V is no longer bullish, and I would not be playing the bullish outlook anymore.- But for now, I think we could lightly consider $130 as support, but rely more on the $122 area for support.