Mastercard
Intraday - We look to Sell a break of 338.10 (stop at 362.71)
The primary trend remains bearish. Trading within the Wedge formation. A move higher faces tough resistance and we remain cautious on upside potential. Further downside is expected. A clear break of 338.10 and we would look for further gains to 276.50.
Our profit targets will be...
Mastercard - 30d expiry - We look to Buy at 309.51 (stop at 297.77)
The primary trend remains bullish.
Support is located at 310 and should stem dips to this area.
Short term momentum is bullish.
A lower correction is expected.
308.8 has been pivotal.
Short term bias has turned positive.
This stock has seen good sales growth.
Our profit targets will be...
4th test on top range and this channel is starting to look really strong and trustworthy. With last week's crazy pump, I think we are in for a beautiful entry early next week. Let's see how it opens and if we can get filled at 344. Otherwise I might chase price a little, as this setup looks too good to miss.
Ps. Price is also breaking out of 300-400 range where...
The PEAD projected a Bullish outlook for $MA after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
Hello ladies and gentlemen, according to my chart analysis and the earnings of mastercard , there is a high probability of an increase towards over 329.20$
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Yes, found it a little amusing and decided to share it with whomever chooses to look 🤷
If you know what it means specifically let me know
Take care 🦚
#25SIGMA
Another bearish pattern here.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere...
Mastercard - Intraday - We look to Buy at 309.31 (stop at 301.98)
Support is located at 310.00 and should stem dips to this area.
Weekly pivot is at 304.71.
Weekly pivot is at 303.19.
Dips continue to attract buyers.
The primary trend remains bullish.
The RSI is trending lower.
We look for a temporary move lower.
Our profit targets will be 329.69 and...
weekly Trendline break + retest
Earning: 7/28/2022 Est. 2.35
Short 333
Stop 350
Target 280, 250
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Price barely broke the bottom trendline of both structures which share the same bottom trendline. 2 Candle shadows/tails broke the trendline and price has recovered and is back inside. Perhaps MA was saved by the rally!
MA has been making lower highs which formed the descending triangle. The bottom trendline is flattish with multiple bottoms.
This pattern...
The PEAD projected a Bullish outlook for $MA after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Is there much left to squeeze out of the never ending bull run on Mastercard ?
Fundamental indicators: for the long time Visa and Mastercard were undefeated corporate giants with unbelievable circa 40% profit margins and growing exponentially since 2008 crisis. Let's look at some factors, if any, that may break this trend
Recession - warning macro...
