MariusCiornii

MA Long on Short-Term

Long
MariusCiornii Updated   
NYSE:MA   Mastercard Incorporated
Buy Limit 208.00
Stop Loss 198.00

Doji star with 2 gaps is formed at support line. It just reached 0.618 Fib retracement level.
Many NASDAQ stocks have similar formations, which means that the market is turning uptrend
S&P500, DJI and NASDAQ are at important support level.
RSI went down too quickly. It means an imminent up in price.

I will give a sell indication later.
Stay tuned for update
Trade closed: stop reached:
Stop Loss Activated
Comment:
The market is uncertain now. Buy defensive stocks is the best move at this moment.
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