Trade ideas
Mastercard shares offer a buying opportunityMA shares have been a fabulous growth story for years. The sales, EPS, & div growth have been top notch and this pullback can be a great entry for a long-term outperformer.
MA Long on Short-TermBuy Limit 208.00
Stop Loss 198.00
Doji star with 2 gaps is formed at support line. It just reached 0.618 Fib retracement level.
Many NASDAQ stocks have similar formations, which means that the market is turning uptrend
S&P500, DJI and NASDAQ are at important support level.
RSI went down too quickly. It means an imminent up in price.
I will give a sell indication later.
Stay tuned for update
MA shows bullish trading activityMA shares broke out to new highs on big volumes. This trend should continue.
Short SellFollow the comments on the chart! If the price goes up to the size of the stop loss point, put the stop loss on the entry point, Stop loss means that the closing price must be below the Stop line, the shadows are not acceptable. NYSE:MA SP:SPX
MA - Counterattack candle pattern, RSI positive reversal,...RSI shows positive reversal, stochastic is about to golden cross the signal line from oversold zone. Candles from today and yesterday form a counterattack pattern. July 30th and 31st candles form a tweezers bottom pattern (lower wicks will act as support, and can also be used as stop). All these indicate a bottom reversal.
Buy Alert for "MA"My WT Cross strategy has alerted me to a buy signal for Mastercard(MA) at $207.89, so my idea is to buy the dip.
MA Secondary Earnings BreakoutSimpler to look for a failed breakdown than it is to chase the breakout here. See AMZN and BABA charts for similar examples... I think they all hit on the same day due to Italy macro news.
Bearish engulfing on Daily May lead to retest of 184 earning b/oIF Friday closes below 201.16 I think there will be some follow thru on the downward movement
