MarketSwingPlayer
Short

MA - Am I crazy to short this beast.

NYSE:MA   MASTERCARD INCORPORATED
132 4 0
Price went above the trend-line and used it as support for a week after major trend-line breakout. Now this bullish stock is experiencing long exhaustion. Nice big red candle and price going below the trend-line.
I was short early on this stock because I wanted to anticipate the next move after breakout, so went short when saw the first red candle above the trend-line. Now the price is finally coming down.
End of month fund managers, moving price for now. Nice stock to have in your 401K. MA should be able to take a breather next week.
Reply
Come down big boy, still short.
Reply
I fought the beast and one. Cheers. Closing this chart as profit
Reply
MarketSwingPlayer PRO MarketSwingPlayer
3 years ago
won
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out