An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
MasterCard has had a great 2019 but it may be wise to take profits before earnings. The chart is starting to look over extended and indicators are starting to turn negative. No need to be greedy looking for another 2%upside.
Mastercard (MA) is powering the new Apple (APPL) credit card along with Goldman Sachs (GS). This provides a short term news cycle catalyst and a long term new growth opportunity and partner for Goldman, but more importantly Mastercard. Once the news settles on the Apple event it will be clear the real winner is Mastercard who stands to only gain from the...
We have ended or just about to end the uptrend for the short term I now look for a decline back into into a .382 over the next 8 td days I amout and flat I also covered small short in wti net loss.06 of 1 % I am net short 20% qqq and will add 10 % 178.09
This is a daily chart of Mastercard showing its impressive three year rally from $80 to current levels. The pattern is an undeniable Elliott Wave impulsive move higher, with an extended Wave 3 on strong momentum. After breaking out of its base channel in 2017, the stock put in a near parabolic rally (even on a log-scale chart) to its Wave 3 high around $225....
After the latest apple credit card news, MA stock is going up, and probably won't stop just now. I'm opening a long trade ( trend following ) on this one even though or usually don't trade stocks, ( due to the liquidity i prefer fx) but this one seems to be a big one. Analysts are saying that this credit card trend could grow a lot, not only with apple, but with...
Masco corporation - industrial goods sector
reported positive quarterly results last month. Also, gapped up following good news about the company's operations.
OBV supports the proposed direction, I need to see volume coming in...following it next week, looks like that over 40.5 might be a rellevant entry.
hoping 39.5 will become a support level.