Aiming for ~260 as breakdown target Chart pattern based short
Keep your trading simple Bullish Long Term T1 = minimum risk reward 1:1 I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains. Not a financial advise - trade smart trade safe. Follow me to support my work, Thanks!
OBV is flat with increasing price. This looks like a stronger play for a break out than V, IMO. But not real strong. Visa has a diverging OBV and looks less likely to break out. WHo knows, we shall see.
DAILY CHART As ween can see in the daily chart , the Mastercard stock until the end of March was in a strong downtrend. Around end of March it has a double bottom (As Visa stock) and then began a new uptrend. We can say it is going for uptrend cause the Lower High around $260 was broken,and now as we can see the price is retesting that previous resistance that...
X Force Global Analysis: In this analysis, we take a purely technical approach in analyzing Mastercard (MA) Analysis - The first thing we notice is the fact that Mastercard is in the process of a "V" shape recovery, just as many other blue chip stocks - We have broken through and closed above two major descending trend line resistances - There is a price...
after a bullish breakout of the key weekly/daily level, it looks like bears are still willing to push and the breakout might turn to be false. look at this triple top pattern on 1h with two lower highs, then break out of minor support and retest with a bearish reaction... looks like stock will drop lower. initial target is 230! good luck!
Hello traders, I am going to analyze the Mastercard market ( NYSE:MA ), where I entered trade yesterday. My intended entry point was too far from the zone, so I had to w8 for a pullback. That happened yesterday and we could enter the trade with a DISCOUNT. Sometimes setup is very good, but Price Action does not allow to enter the trade. Never mind, we...
Inside a triangle, Mastercar might reach a support zone and then start an uptrend.
Moore's law has tought us that historic evolutionary patterns are happening 10 times faster after each new technological or scientific breakthrough when it hits the mainstream public worldwide. This breakthrough is then followed by a parabolic and very bubbly event, only to face a dozens month old bloody correction, while finally allowing the new market to mature...
Mastercard intraday chart, not looking for much movement just thought the pattern looked cool. Can see three clear descending paths along the Gann fan (including my fractal) Lets see how this plays out :)
Signal Number 82 BUY IN : 297 STOP LOSS : 279 TAKE PROFIT : 364 #MASTERCARD
Video is just few minutes but here is a link to the FRED data set fred.stlouisfed.org Manage your own risk Much love and thanks for watching xoxo snooop
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NYSE:MA MasterCard is a credit card company that operates a global payment processing network connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Top ETFs holding MA in their portfolios SPY : SPDR S&P 500 IVV : iShares Core S&P 500 ETF VOO: Vanguard S&P 500 ETF IWF : iShares Russell...
MA has moved strongly as visible in the charts, creating some turbulence with downward pressure in the recent past but inching forward towards the 300$ mark. I thin there is more steam in the stock and we have strong supports in place, at least 3 levels as identified on the charts. I would have a target of 315-320 on the upside, but will buy at various supports...