Closed right at 20EMA, bit of a gap lower.
FYI the company will report Jan 31st last possible upside leg for this wonderful strong trend. Last time, we accurately predicted the upside target and the potential short term shorting opportunity. It was awesome trade, and bounced from 18-day exponential moving average very good short term buying opportunity if you had the chance to enter, now 9-ema is over head...
According to my analysis, MA and V are the best stocks to invest on the long term. JAN, 1, 2012 (CLOSED PROFIT)
Be patient and get your gun ready if price pushes towards 521 area for a possible 20 pnts gain downside. Let the trade come to you, and don't chase over extended price. If you decide to short right 521 area make your stop lose at 127% 535 area with target price $500. Join us www.woowtrading.net
The chance to see 535 first quarter is very high, but now I like to short if price pushes to 520 area or even 515 with target price 490. Wait and see type of action.
Enter @ 2mm open. Stop loss above the trendline exit @ lower trendline
LONG MA @ 483.40 Mas ideas de inversion en ClubdeTrading.com
There is higher chance that price will push to one more swing upside before it rolls back to $440 level.
MasterCard made a new high last week. I wonder if the stock will still respect the current channel price levels or continue to go higher .
260-210 accumulation zone and on top of that there is a 288-260 accumulation zone which was tested in August and again in October. But now there is a defensive, if not "distributive" appearance to the chart of MA. The large swings up and down from 340 down to 300 suggest a large seller has been dumping a significant position. The rally here from 295 to 330...