Visa Inc. $V consolidated in June and broke below the consolidation. It is in a bearish correction mode against a long-term bullish uptrend. I think we should anticipate support if price pulls back to the $125-$127 area. V Daily Chart(click to enlarge)Support/Resistance Pivot:- This $125-$127 area was a previous resistance area and the reason we are anticipating support there.- This consideration is based on the the expectation that the bullish trend is still going.- With this assumption, we would assess the current bearish drive as a short to medium-term correction - a brief cyclical dip. - We can also look at the RSI and anticipate support when it approaches 40 - as it did the past several times.