lauralea

Rectangle/Double Bottom

lauralea Updated   
NYSE:MA   Mastercard Incorporated
Earning dates are conflicting depending where you look but appears to be between 4-28 and 5-3-22. Looking back, MA usually beats earnings but there have been a majority of earning misses (27) to earning beats (7) among analysts who cover this security. Zack states it is a Hold.
www.zacks.com/stock/quote/MA?q=ma

A rectangle is a horizontal trading channel and is neutral until a trendline is broken with a trend in that direction. Some swing trade inside the channel.

Targets above the rectangle in green are targets for an Up break and orange are targets for a break to the downside. There is a double bottom on the support trendline.

The 50 is trying to cross down through the 200 but has not done so yet.

Today's candle, so far, is a spinning top which is a candle of indecision. This candle may change by close.

No recommendation.
Comment:
A number of projected earning misses (O' Analysts are lagging indicators.
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