Mastercard
MA (MASTERCARD INCORPORATED) LONG SET UP (EARNINGS)TITLE/(DATE)- Buy LIMIT MA
ASSET- MA
PLATFORM- MT4
ORDER TYPE- Market first entry / Buy limit second
Time Frame- 1D
ENTRY PRICE 1- $314.50 (Market)
ENTRY 2- $307.50 (Pending)
STOP LOSS- $300.50 (140 PIPs)
TAKE PROFIT 1- $328.50 (140 PIPS)
TAKE PROFIT 2- $342.50 (280PIPS)
TAKE PROFIT 3- $356.50 (420 PIPS)
TAKE PROFIT 4- $370.50 (560 PIPS)
STATUS: ACTIVE
Aug-27-20 Initiated Mizuho Buy $400
Jul-21-20 Resumed Daiwa Securities Neutral $314
Jul-14-20 Initiated Goldman Buy $364
Master Card on Long sideMA shall seeing long side soon.
finding rigid support on demand zone i.e. fib 50.0%
Mastercard 30 Min Timeframe (Elliot Wave)Downside potential toward 50% Fibbonaci line before starting the Waves 5 on 30min timeframe chart.
Watch out the price closely when it hit 50% Fibo line as it may start the Waves 5 for short term trade.
Just an Ideas. Trading involves significant risk. Trade at your own risk.
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MasterCard LongHey everyone,
MasterCard just bounced off the trendline and is well relaxed with it's RSI. In addition to that the cloud gives a solid support. That's why i think MasterCard will start in Wave 1 now.
Entry: now
Stop loss: 315$
TP: 395$
CRV: 3.7
Much fun witrh that trade!
Leave a follow please, my goal is 200:)
Master Card on Long sideNYSE:MA
1. Price retraced to 50% fib and successfully pivoted on 50MA.
2. Bullish pin bar was supported by 50MA, followed by confirmation with bullish mark up bar.
3. Trendline that supporting the down wave, confluence with the reversal.
4. On Volume profile, Point of COntrol show significant support zone too.
VISA swing idea$V #V Wait for bearish momentum to cool off, 50ema (red line) at support, if it bounces and cross 20ema (red line) will rocket to the pre-market crash level.
Very good risk/reward play backed by exceptional company fundamentals and future prospects.
PriceTarget: 215
Stop loss if going under the 50ema or 200$.
Update on MA (mastercard) BuyTake profit was smashed and price moved further than anticipated. Check the original analysis below.
Mastercard $MA Mastercard is close to buying point of $310.43. Forming a double bottom, to confirm needs to get above the buy point.
12 months Consensus Price Target: $326.85
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
$MAMasterCard looks interesting.
Above 200 EMA and 50 EMA
Stochastic RSI turning up.
Volume ok
All required is volume to go up, breakout 316 and green bar.
I will be looking at 330 being gap and once crossed 60 to 80 $$ possible
Long MAKeep your trading simple
Bullish Long Term
T1 = minimum risk reward 1:1
I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains.
Not a financial advise - trade smart trade safe.
Follow me to support my work, Thanks!
cautiously optomisticOBV is flat with increasing price. This looks like a stronger play for a break out than V, IMO. But not real strong.
Visa has a diverging OBV and looks less likely to break out.
WHo knows, we shall see.
MA NEXT DAYS/WEEKS ANALYSIS - Counter thrend-next breakoutDAILY CHART
As ween can see in the daily chart , the Mastercard stock until the end of March was in a strong downtrend. Around end of March it has a double bottom (As Visa stock) and then began a new uptrend. We can say it is going for uptrend cause the Lower High around $260 was broken,and now as we can see the price is retesting that previous resistance that now is a new support.
We saw the price retrace at 0.618 fib level and now, it was consolidating for some period and after breaking the descending channel it went around 280$ and formed a double top (?) .
Scenarios
Maybe the price will retrace a little bit to test some previous supports and bounces back to retrace higher possible in the 1,27 or 1.618 fib extencion level that also around there is a strong resistance from previous months at around 320$.
This is just my opinion not a financial or trading advice.
Mastercard: A Technical Approach 1D (May 06)X Force Global Analysis:
In this analysis, we take a purely technical approach in analyzing Mastercard (MA)
Analysis
- The first thing we notice is the fact that Mastercard is in the process of a "V" shape recovery, just as many other blue chip stocks
- We have broken through and closed above two major descending trend line resistances
- There is a price gap around $340
- We are currently trading within an ascending channel, creating higher lows and higher highs
- Prices have broken through and closed above the Ichimoku Cloud resistance
- The EMA (Exponential Moving Average) Ribbon cross generally signals mid-term trend reversals
- In the case of Mastercard, we see that a death cross has formed on the EMA ribbon before a big drop, and we are currently looking at a potential golden cross
- The Relative Strength Index (RSI) is showing an uptrend as well, creating higher lows and higher highs
- The Moving Average Convergence Divergence (MACD) is also at an uptrend, forming higher lows and higher highs after a golden cross
What We Believe
We believe that Mastercard's technicals remain solid, as we have broken through many significant resistance levels while maintaining the bullish trend. Moreover, there is a lot of strength and momentum to support this ongoing bullish trend, potentially moving up to fill in the price gap around $340.
Trade Safe.
MASTERCARD (MA) BEARISH FORECAST
after a bullish breakout of the key weekly/daily level,
it looks like bears are still willing to push and the breakout might turn to be false.
look at this triple top pattern on 1h with two lower highs,
then break out of minor support and retest with a bearish reaction...
looks like stock will drop lower.
initial target is 230!
good luck!
MASTERCARD - LONG with DISCOUNT!Hello traders,
I am going to analyze the Mastercard market ( NYSE:MA ), where I entered trade yesterday.
My intended entry point was too far from the zone, so I had to w8 for a pullback.
That happened yesterday and we could enter the trade with a DISCOUNT.
Sometimes setup is very good, but Price Action does not allow to enter the trade. Never mind, we have another 2000 markets that we monitor, so there is always some entry ;).
Have a good trading
FINEIGHT team
Possible movement for MastercardInside a triangle, Mastercar might reach a support zone and then start an uptrend.
