MA trade ideas
MasterCard Potential Downtrend Line breakout At $451.89 Upside Potential: Downtrend line breakout on 1-hour chart at $451.89 spotted.
Bullish Targets: If breakout holds, target prices are $460.27 and $466.86.
Bearish Scenario: If breakout fails, expect potential drop to $441.23 and $427.66.
Apply risk management
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BDSwiss is a trading name of BDS Markets and BDS Ltd.
BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene.
BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)
Disclaimer
Ichimoku Watch: Mastercard Testing Ichimoku ResistanceUpcoming Earnings
Mastercard Incorporated (ticker: MA) is scheduled to report earnings before the market opens on 31 July. The consensus Earnings Per Share (EPS) estimate for the fiscal quarter ending June 2024 is $3.51. The reported EPS for the same quarter a year prior was $2.89.
Active Downtrend
Basic trend studies demonstrate that the stock has been gradually trending lower since forming an all-time high of $490.00 in late March of this year. Price action has been working between two parallel downward lines that make up a descending channel (from $468.15 and $436.90).
What is interesting is that the stock recently bounced from the lower side of the descending channel, with the pullback testing the Ichimoku Conversion Line (blue at $442.15). Also, having the Base Line circling just above this line (red at $445.97) offers traders a resistance area to consider bearish scenarios in line with the downtrend.
Also situated near the Conversion Line and Base Line resistance zone is the Ichimoku Cloud between the Leading Span A (light green at $444.06) and the Leading Span B (light orange at $446.90).
Price Direction?
Today’s analysis reveals that Mastercard is demonstrating a bearish stance ahead of earnings tomorrow. The pullback from the lower channel support edge, therefore, may be viewed as a sell-on-rally signal, particularly at the underside of the Conversion Line/Base Line resistance area and the neighbouring Ichimoku Cloud.
Did you see this too? The simplicity of identifying tapering!This is the most basic I could do to show you all how simple it can be to identify good trade opportunities. It all starts with building the story and from there... well you've got the keys to the kingdom!
For those who don't like that I'm doing this after the fact - please see all of my other videos which identify these trade opportunities (like this one) before they happen.
Hope this was helpful!
Happy Trading :)
MA Long Bias, but entry spread is not advantageous.Mastercard (MA) has set up a potential mean reversion trade as it swept the latest monthly lows and closed above them. However, the volume doesn't support this move, and the daily candle's range doesn't indicate strong buying; it appears sellers are exhausted. The initial plan was to enter at the high of the day (HOD) with a stop loss at the low of the day (LOD), but the current $10 spread is unfavorable. This stock is on watch for a trade next week, with a possible push toward the $450 gap fill.
Bottom of a range its been in since January and approaching VAL MA - mastercard is at the bottom of the range its been in since the beginning of the year. Also, if we look at the volume profile since the October 2023 rally - we are nearing the Value Area Low (VAL).
Watch for a break either way and decide what to do.
Not financial advice.
Financial Sector Multiple Breakouts Started TodayMany financial stocks began to break out MA, JPM, V, GS. If your not in already, wait for a moderate pullback for a decent entry.
MA IN POSSIBLE BEARISH AB=CD PATTERN SHORT TERM! MA is in a POTENTIAL bearish AB=CD pattern short term (1h). **Make sure to see if we stall around this area before going short** Looking to take profits around the green and gold boxes. Let's get it! 🤘🏻🚀🤑
MASTERCARD - Increased Probability of Continued DowntrendThe interpretation of Fiboclouds signals a continuation in the downward movement towards the targets indicated in the chart.
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was entered.
This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.
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Now, here’s a short term MA chart.A nice bounce around the $440/sh. area.
Note, this past Friday’s heavy volume bar.
I suspect more good things are in store for the MA longs.
Mastercard (MA)Mastercard is a company that I believe will perform well in the next 10 to 20 years due to the expected growth in the number of people using credit cards. This growth is good for companies like Mastercard and Visa, which is why I am planning to invest in this company.
MA Mastercard Incorporated Options Ahead of EarningsIf you haven`t bought MA before the previous earnings:
Then analyzing the options chain and the chart patterns of MA Mastercard Incorporated prior to the earnings report this week,
I would consider purchasing the 457.5usd strike price Puts with
an expiration date of 2024-5-3,
for a premium of approximately $5.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Mastercard Adjusts Full-Year Revenue Forecast Stock Down 1.16%Mastercard Inc. ( NYSE:MA ) has revised its outlook for full-year revenue growth downwards, citing foreign exchange challenges as a primary factor impacting its projections. The payments giant anticipates net revenue growth to now align with the lower end of low double digits for 2024, a shift from its previous guidance targeting growth at the higher end of this range.
Chief Financial Officer Sachin Mehra highlighted the impact of foreign exchange dynamics, particularly the recent strengthening of the US dollar, as a significant headwind affecting the company's revenue outlook. Despite this adjustment, the outlook for net revenue growth on a currency-neutral basis, excluding acquisitions, remains consistent with prior forecasts, aiming for growth at the high end of low double digits.
Although shares of the company had shown resilience, climbing 5.8% year-to-date, they experienced a dip OF 1.33% following the announcement, reflecting investor concerns over the revised revenue forecast. Total network spending volume for the first quarter fell short of estimates, coming in at $2.29 trillion, below the expected $2.32 trillion.
However, Mastercard's ( NYSE:MA ) first-quarter adjusted earnings exceeded expectations, reaching $3.31 per share, surpassing the Bloomberg survey's average estimate of $3.23 per share. CEO Michael Miebach emphasized the company's positive momentum, driven by robust consumer spending, substantial cross-border volume growth, and successful deal wins across regions.
Mastercard's ( NYSE:MA ) performance mirrors that of its competitor Visa Inc., which also beat earnings estimates in the first quarter, reporting strong spending growth. Meanwhile, American Express Co. witnessed an 11% revenue jump during the same period.
One notable development during the quarter was Mastercard ( NYSE:MA ) and Visa's landmark antitrust settlement, which promises to cap credit card interchange fees and provide relief to merchants. This agreement, subject to court approval, is expected to yield significant savings for merchants over the coming years.
MAstercard (MA)after an impressive bullish streak, the price of #MA has started to decline, just as I mentioned in my tweet at the start of April. It seems that the overall market might experience a downtrend before resuming its bullish momentum for the remainder of the year.
How I made 6/1 on MA this morningI use the same strategy every morning to make money. No emotions involved. The risk to reward was 6/1.
Mastercard Strategic Restructuring to Drive Innovation & GrowthIn a bold move aimed at fortifying its position as a global leader in payments technology, Mastercard ( NYSE:MA ) has announced a comprehensive reorganization of its internal structure. The company’s CEO, Michael Miebach, unveiled the ambitious plan, outlining a strategic vision that promises to revolutionize the way Mastercard operates and innovates in the ever-evolving landscape of digital transactions.
The cornerstone of this reorganization lies in the creation of three distinct but interconnected units, each helmed by seasoned industry veterans handpicked to lead Mastercard into its next phase of growth and diversification.
At the heart of this restructuring is the Core Payments unit, described by Mastercard as the very foundation of the company. Under the stewardship of Jorn Lambert, Mastercard’s chief digital officer, who assumes the role of chief product officer (CPO), this division will spearhead the evolution of core payments, leveraging cutting-edge technologies to enhance existing products and introduce groundbreaking solutions to meet the evolving needs of consumers and businesses alike.
In a strategic coup, Mastercard ( NYSE:MA ) has enlisted the expertise of former BlackRock executive Raj Seshadri to head up the Commercial and New Payment Flows unit. Elevated to the position of chief commercial payments officer, Seshadri will lead efforts to drive innovation in remittances, B2B transactions, and non-carded bill payments, while also focusing on expanding Mastercard’s footprint in key sectors such as healthcare.
Meanwhile, Craig Vosburg, who has served as Mastercard’s CPO for the past three years, will take the reins of the Services unit as chief services officer. Tasked with integrating Mastercard’s Cyber and Intelligence, Data and Services, and Open Banking teams, Vosburg’s mandate is clear: to fortify Mastercard’s defenses against fraud, mitigate risks, and bolster cybersecurity in an increasingly digital world.
But the company’s ambitions don’t stop there. In a testament to its commitment to harnessing the power of data and artificial intelligence (AI), Mastercard has established a dedicated Data and AI team. Under the leadership of Greg Ulrich, appointed as chief AI and data officer, this team will leverage AI and data analytics to drive innovation both internally and externally, with a focus on commercializing these technologies to unlock new revenue streams and propel Mastercard ( NYSE:MA ) into the future.
However, amidst the excitement of these transformative changes, Mastercard ( NYSE:MA ) bids farewell to one of its stalwarts. After more than three decades of service, Ajay Bhalla, President of Cyber and Intelligence, will retire, leaving behind a legacy of innovation and leadership that has shaped Mastercard’s cybersecurity efforts and positioned the company as a trailblazer in the fight against digital threats.
As Mastercard ( NYSE:MA ) prepares to embark on this journey of transformation, the stage is set for a new era of innovation, growth, and leadership in the world of payments technology.
Mastercard Incorporated (MA) - Technical AnalysisMastercard (MA) has recently drawn considerable attention from market participants due to a mix of its financial performance and technical posture. The stock closed the latest session at $469.77, marking a 1.60% decline, and edged down further to $465.23 post-market. This recent downturn occurs against a backdrop of bullish fundamental news, including a significant 16% hike in the quarterly dividend to $0.66, which underscores the company's confidence in its financial sustainability and its shareholder-friendly capital allocation policy.
Technically, the stock exhibits mixed signals. The Ichimoku Cloud is beginning to tighten, suggesting diminishing bullish momentum, as the stock trades near the cloud support. The pivot around the cloud could be indicative of potential trend uncertainty in the near term. Notably, the recent candlesticks have formed around the critical Exponential Moving Averages (EMA) with the 20 EMA ($474.83) poised above the current price level, serving as immediate resistance.
The Relative Strength Index (RSI) presents a neutral stance, oscillating around 44.05, which indicates neither overbought nor oversold conditions. The absence of extreme RSI levels warrants a watchful approach to detect either a potential reversal or continuation of the current trend.
Further scrutiny is drawn to the Moving Average Convergence Divergence (MACD), which remains below the signal line and is currently negative, suggesting bearish momentum. Investors would look for a bullish crossover as a possible entry signal, which would be validated by a shift above the zero line.
The On-Balance Volume (OBV) indicates consistent buying pressure with a gradual uptrend, reflecting underlying strength that could bolster a recovery in stock price, should the market absorb the recent sell-off and realign with the positive earnings narrative.
Looking ahead, the forthcoming earnings report on April 25, 2024, could serve as a catalyst. With Mastercard's proven track record of exceeding earnings expectations, another positive surprise could reignite the bullish thesis, propelling the stock towards resistance levels at $480 and potentially retesting the recent high at $480.25.
Investors should monitor these technical levels and the forthcoming earnings report, which will likely illuminate the stock's trajectory. It is also prudent to consider broader market sentiment and liquidity conditions, as Mastercard's global reach subjects it to international market dynamics.
In conclusion, while short-term technicals suggest caution, Mastercard's robust fundamental outlook, strategic expansion in digital payment solutions, and recent bullish dividend news could provide a firm underpinning for a bullish reversal. A strategic approach would involve waiting for technical confirmation post-earnings before considering new positions, with a clear eye on resistance and support levels delineated by the EMA and Ichimoku indicators.
MASTERCARD Short-term pull-back has begunLast time (August 23 2023, see chart below) we looked at Mastercard (MA) the 1D MA50 (blue trend-line) gave us a solid buy opportunity, which easily hit our 415.00 Target:
The price is now starting to pull-back after marginally breaking the top (Higher Highs trend-line) of the 1.5 year Channel Up (blue). It already broke below the medium-term (dotted) Channel Up and is headed towards the 1D MA50 (blue trend-line).
With the 1D RSI already on Lower Highs (i.e. a Bearish Divergence against the stock's Higher Highs), we believe this is an early Sell Signal on the short-term. The March 13 2023 Target was the 0.382 Fibonacci retracement level, so we are currently aiming for $440.00.
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MA Mastercard Options Ahead of EarningsIf you haven`t sold MA on its exposure to Russia news:
Then analyzing the options chain and the chart patterns of MA Mastercard prior to the earnings report this week,
I would consider purchasing the 450usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $7.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Mastercard (NYSE: $MA) Bullish Bias Mastercard (NYSE: NYSE:MA ) is above all of its moving averages, which means it has a bullish bias.
NYSE:MA 's 50-day Moving Average is above the 200-day Moving average giving Bulls partial control of the NYSE:MA stock.
However, NYSE:MA still appears to have an upward momentum.
Key Event
A. Dividend increase
Mastercard increased its quarterly dividend payment to shareholders by 16%. The dividend will be paid on December 29, 2023 to stockholders of record on December 20, 2023.
Mastercard: It's not far now! 👀🎯The Mastercard stock is currently moving upwards with great determination. It is now not far to the green Target Zone between $429.57 and $453.90, where we expect the high of the magenta wave (Y) and thus also the high of the overarching wave (B) in green. However, as long as the price is still trading below the September highs, we must continue to refer to the alternative (31% likely), which already considers the top to be in place.
Xumm Wallet Set to Integrate Mastercard Debit FeaturesXRPL Labs' Wietse Wind hints at Xumm Wallet's Mastercard integration, boosting digital asset transactions and security.
In a significant development for cryptocurrency wallet users, Wietse Wind, the founder of XRPL Labs and the creator of Xumm Wallet, has announced plans to integrate Mastercard debit card functionality into the Xumm wallet. This update revealed through tweets, demonstrates XRPL Labs’ commitment to enhancing the user experience and expanding the wallet’s capabilities.
Xumm Wallet Integrates Mastercard for Flexibility
Wind’s revelation came in response to an XRP enthusiast’s query about possibly using a debit card with Xumm. He indicated the integration would involve “Debit Mastercard, self custody, card authorization with custom on ledger limits on your account using a Hook.” This update aligns with XRPL Labs’ ongoing efforts to incorporate more traditional banking features into the digital currency, providing users with enhanced flexibility and control over their funds.
The integration of Mastercard with Xumm wallet is expected to streamline transacting with digital assets. Users will be able to leverage the global acceptance of Mastercard, enabling them to transact seamlessly across various platforms and services. The integration promises to bridge the gap between traditional financial services and the burgeoning world of digital currencies.
Alongside the Mastercard integration, Wind also touched upon the new functionalities for the Xumm-Tangem NFC hardware wallet cards. These cards, not intended for use at terminals and ATMs, offer a physical means of securing cryptocurrency assets. Wind clarified that the Tangem cards are primarily for hardware self-custody, unlike the proposed debit card functionality.
The Tangem NFC hardware wallet cards, as mentioned by Wind, will allow users to pre-fund their wallet card with a specific amount in XRP in addition to the account reserve. This feature enhances the security and convenience of users who manage their digital assets.
Xumm Integration Balances Fees with Innovation
The announcement was met with queries and concerns from the XRP community, notably regarding the potential for additional transaction fees. John Mcclain, an XRP user, expressed concern over the possibility of an extra 1% fee, drawing parallels to existing custody solutions like the U.S. exchange Uphold, which already imposes significant fees for debit transactions.
Price Momentum
MA is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
Mastercard (NYSE: MA) Embraces AI 🤖 to Combat FraudInternational payment system Mastercard has partnered with Feedzai, a company that leverages artificial intelligence (AI) to combat financial fraud.
Feedzai's technology will integrate directly with Mastercard's CipherTrace Armada platform, monitoring 6,000+ cryptocurrency exchanges to detect suspicious transactions in real time.
The companies aim to combat both fraud and money laundering activities. The move marks a major push from Mastercard into crypto — specifically, efforts to clean the space up of fraud and scams.
The move marks a push from Mastercard into the market for legitimizing crypto as a mainstream financial asset that can be subjected to the same rules and compliance frameworks as traditional assets.
Banks and other large financial institutions have shown increased interest in experimenting with crypto in their products and services. But the next step, deploying commercially available crypto products as part of their core offerings, has proven more elusive.
Banks have been wary of digital assets’ lack of comprehensive regulations and applications in fraud and scams.
Last year, the amount of theft and scams led to a global increase of 79% in crypto-related losses from the previous year, according to data from blockchain analysis firm Chainalysis. Illicit addresses received $14 billion in 2022 year-over-year, almost twice what they received in 2020.
Price Momentum
MA is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
