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Jun 7, 2019 3:03 PM

MA LONG SWING. Entry on retracement  Long

Mastercard IncorporatedNYSE

Description

MA has been trending to the upside for quite some time. Although markets are way overbought there is still no sign of considerable weakness. Hence for a bullish setup MA is a good choice since this is a very strong performing stock. Feel free to adjust the stop protection based on your risk tolerance. Since there is no prior resistance area , a trailing stop or other techniques can be used to maximize profits. NOTE: Today's bullish candle needs to close solid bullish or blue on a chart for this setup to work better
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