Usstocks
Mastercard (MA) | ATH Monthly & Weekly Candle Close Confirmed!Hi,
The second technical confirmation after the June close (the first one was a previous idea Walmart) came from Mastercard (MA), buy the strength. Almost the same setup as Walmart has.
Mastercard is one of the largest payment processors in the world, having processed close to over $8 trillion in transactions in 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
$380 to $400 the hardest fight in Mastercard history. Haven't been such a price level or price action at where the price of MA has been stuck so long. Actually, the fight is not fully over but the price action and the market sentiment are quite promising. The fight is not completely over because it would be ideal if we have also a monthly candle close above $400. Atm we have a weekly candle close above it so at least we have there something and it is already a good sign.
Now, the real technical reason why I want to share it is that MA got the highest monthly candle close and it occurred slightly above the strongest price level in that area. Plus, we have also the highest weekly candle close, and it's above $400.
I, personally, like this close, general price action looks bullish, and as said, recent market sentiment is also favorable.
* Considering technical analysis then the optimal buying zone should stay from current prices to $370
* First target $500
Good luck!
Last cycle of Mondelez International ( Neowave Forecast)Hi Everyone
This another trading form US Stocks, This is an medium term forecast of Mondelez International. Currently its medium term bullish cycle is just started but it is the last leg. Therefore do not hold, wait or average if invalidation level is broke.
Thank You
Nasdaq possible entry long.The US market did make a significant move higher yesterday, and the bulls are clearly in control. This suggests that a long entry is a good idea. However, it is important to note that the market did form a bear bar on Thursday. This could be a sign that the bulls are starting to lose steam. However, the bear bar was weak and the market was not able to close lower on Friday. This suggests that the bears are not in control yet. Overall, the market is still trending higher and a long entry is a good idea.