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.
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...
Targets for a break to the upside in green over the resistance line and targets for a break to the downside in orange below the bottom support line.
This pattern is neutral until a trendline is broken with a confirmed trend in that direction. There are patterns inside a rectangle that is large like this one that can be traded, but the rectangle is the primary...
Rate of change as delta in price and time in terms of fibonacci shows the safest levels to invest. Usually opportunity comes inside coldest colors. Green is considered as ALL IN.
Crossing black fib lines confirms a signal.
after the pullback on the daily chart . the price gave us a green candle on friday that warns us of a continued move upwards . and on the weekly theres no signs of slowing down or any attack of the sellers . best move is to buy on monday
Emoji (emotion): Comprehensive 🧭.
Null Hypothesis: Buy.
Alternative Hypothesis: Sell.
Position: Short term day trade.
Barron's Company Overview: www.barrons.com
Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range...
These are runs for Mastercard and Microsoft
Both of them are massive parabolas
During times of intense bull markets, price has to pull back occasionally and this is what we get.
These pause are often sharp/rounded and quick down moves followed by a quick reversal
It is very surprising how far these parabolic structures can grow
Monthly and Weekly timeframe...
Earning dates are conflicting depending where you look but appears to be between 4-28 and 5-3-22. Looking back, MA usually beats earnings but there have been a majority of earning misses (27) to earning beats (7) among analysts who cover this security. Zack states it is a Hold.
A rectangle is a horizontal trading channel and is neutral until a...
How to make a good investment?
1) Invest in something solid (Mastercad is an example with the market cap 317B)
2) the trend that always grows
3) find a minimum point (in this case on the average 200 at 1w)
4) pattern: ascending triangle
5) Buy and let it go (HOLD)
Visa and Mastercard restricted transactions in Russia as aggressive penalties on the country over the invasion of Ukraine.
Mastercard has about 4% of its net revenues from Russia, while Ukraine-related business accounted for about 2% of Mastercard`s 2021 net revenues.
My price target for MA is the $312 support while the buy area for a potential wick down is...
Today, we will look at Master Card, a key name in the information & technology sector, with a market cap of 375B. As a comparative thing, VISA has a market cap of 484B
So, what are the main technical elements we can observe here?
1) The price has been inside a massive daily correction of 275 days, and a few weeks ago, we observed the breakout of it.
MA and V have been consolidating for many months now. Bot are looking like they could continue running for a while. I would probably choose V over MA but both are cash cows. GLL
This is not a recommendation to buy or sell. It is for informational purposes only.