How many can wait for a golden opportunity for a solid 30 years ? We are talking about Mastercard who has finally gained approval for a joint venture in clearing business with China's central bank. Read here.
While this is a B2B business tie-up, I believe Mastercard once gained entry to the China market would then be tapping the retail market. Perhaps, not its credit card but on its powerful payment network.
Like the S&P500, it enjoys a very nice bullish trend and one would have made more than 2500% returns if he holds this share since 2009.
Wait for the pull back and find a good opportunity to buy this great company.
While this is a B2B business tie-up, I believe Mastercard once gained entry to the China market would then be tapping the retail market. Perhaps, not its credit card but on its powerful payment network.
Like the S&P500, it enjoys a very nice bullish trend and one would have made more than 2500% returns if he holds this share since 2009.
Wait for the pull back and find a good opportunity to buy this great company.
Note
praise lord, first we did not get the pullback we want and didn't want to chase the high price , now it comes tumbling down, yes, a good chance to re-enter.Note
3 lines are all broken down now. let's wait some moreNote
it seems to find some support at 218 level. will consider take a nibble next week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.