Um... Why Is There A Dinosaur Staring At Me? 😄Yes, found it a little amusing and decided to share it with whomever chooses to look 🤷
If you know what it means specifically let me know
Take care 🦚
#25SIGMA
MA trade ideas
Mastercard flailing in the waves.Another bearish pattern here.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
An Masterbuy!Mastercard - Intraday - We look to Buy at 309.31 (stop at 301.98)
Support is located at 310.00 and should stem dips to this area.
Weekly pivot is at 304.71.
Weekly pivot is at 303.19.
Dips continue to attract buyers.
The primary trend remains bullish.
The RSI is trending lower.
We look for a temporary move lower.
Our profit targets will be 329.69 and 336.69
Resistance: 330.00 / 335.00 / 340.00
Support: 320.00 / 315.00 / 310.00
Weekly chart for context
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses.
There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
MA Shortweekly Trendline break + retest
Earning: 7/28/2022 Est. 2.35
Short 333
Stop 350
Target 280, 250
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
MA buying locations Long term, a company that's going no where. Really good levels to add to a position if you wanted one.
MA weekly frame (end diagonal in the C wave)the rarest of rare ending diagonal in the wave c position...its actually a crap trade imo
Rectangle/Descending TrianglePrice barely broke the bottom trendline of both structures which share the same bottom trendline. 2 Candle shadows/tails broke the trendline and price has recovered and is back inside. Perhaps MA was saved by the rally!
MA has been making lower highs which formed the descending triangle. The bottom trendline is flattish with multiple bottoms.
This pattern and a Rectangle are both neutral patterns unless a trendline is broken with a trend in that direction. If price were to break the upper trendline of the triangle, there is the rectangle upper trendline to contend with.
No recommendation//be safe
$MA with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MA after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Mastercard - Time to Prepare for Deep Correction up to 50%?Is there much left to squeeze out of the never ending bull run on Mastercard ?
Fundamental indicators: for the long time Visa and Mastercard were undefeated corporate giants with unbelievable circa 40% profit margins and growing exponentially since 2008 crisis. Let's look at some factors, if any, that may break this trend
Recession - warning macro signals suggest that world economies are slowing down and recession is possible within a year, this may be reflected in the forecast of the company
Eastern Europe conflict - ban on use of Visa and Mastercard in Russia will certainly have an impact on earnings
P/E - is quite high at 39x and possible correction may let some steam out of the overpriced stock
Technically:
Following the correction of 2020 which took a form of Running Flat (ABC, 3-3-5) it is very visible that the price is moving very choppy which usually suggests that there is not much energy left in the bull run and Ending Diagonal is developing
The Ending Diagonal takes structure of 3-3-3-3-3 and the current proposed idea indicates that waves 1-4 have completed and wave C of 5 is about to begin to update the high of $402
What's next - given that the last correction was nearly 540 days, the next one will be even longer once the Diagonal is completed. The shape and depth will be clear during the development but it's likely for the price to test levels of 250 (0.382x Fibonacci retracement) or even $200 which is 0.5x.
It will be clear what scenario is developing following the upcoming earnings report.
Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves.
Thanks
RectangleTargets for a break to the upside in green over the resistance line and targets for a break to the downside in orange below the bottom support line.
This pattern is neutral until a trendline is broken with a confirmed trend in that direction. There are patterns inside a rectangle that is large like this one that can be traded, but the rectangle is the primary pattern that I see.
This rectangle has been going on for quite a while. There are patterns inside the rectangle including a small Bullish Butterfly. MA was unable to complete an entire upswing so far after hitting the potential reversal zone of 1.272 which was close to the support line of the rectangle. A Bullish Butterfly has a 2nd leg that retraces to the .786/or close/of XA and a final leg that completes at, or close to the 1.272 of XA. MA did make it to the 2nd peak so far which would be target 1 for many who trade this pattern.
Short interest is low at 0.61%. Earnings are 4-28 BMO.
Negative volume remains high on MA.
No recommendation
Mastercard Inc Fractal MapRate of change as delta in price and time in terms of fibonacci shows the safest levels to invest. Usually opportunity comes inside coldest colors. Green is considered as ALL IN.
Crossing black fib lines confirms a signal.
microsoft buy after the pullback on the daily chart . the price gave us a green candle on friday that warns us of a continued move upwards . and on the weekly theres no signs of slowing down or any attack of the sellers . best move is to buy on monday
MA | GuidanceJournal Entry
Bias: Positive.
Sentiment: Optimistic.
Emoji (emotion): Comprehensive 🧭.
Null Hypothesis: Buy.
Alternative Hypothesis: Sell.
Signals: ...
Position: Short term day trade.
Notes: ...
Barron's Company Overview: www.barrons.com
Other: ...
Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after a profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry.
About the Security: "Mastercard, Inc. operates as a technology company. The firm engages in the payments industry that connects consumers, financial institutions, merchants, governments and business. It offers payment solutions for the development and implementation of credit, debit, prepaid, commercial and payment programs. The company was founded in November 1966 and is headquartered in Purchase, NY."
Social: I'm happy to hear from my readers/audience and I encourage constructive feedback; although I'm busy I will give my best effort to reply. I do strive to build an esteemed reputation and plentiful following, I also strive to earn the title as a Tradingview pinescript Wizard and Top Author.
About the Author: I'm a financial scientist and my contributions offered to the community are apart of my scientific journal or goodwill to mankind. With that said I think it's prudent to make two things clear (1) I'm not a Wall Street retailer, I'm not trying to sell you products or services (2) I'm not a Wall Street advertiser, I'm not trying to market the purchase of securities to you.
Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly.
consolidation faze at the moment MA stuck between extreme resistance/support for about 20 months now! not a good sign for longs or shorts lol
wait for a clear breakout or breakdown. better to stay away until then in my opinion.
Parabolic PauseThese are runs for Mastercard and Microsoft
Both of them are massive parabolas
During times of intense bull markets, price has to pull back occasionally and this is what we get.
These pause are often sharp/rounded and quick down moves followed by a quick reversal
It is very surprising how far these parabolic structures can grow
Monthly and Weekly timeframe respectively
Rectangle/Double BottomEarning dates are conflicting depending where you look but appears to be between 4-28 and 5-3-22. Looking back, MA usually beats earnings but there have been a majority of earning misses (27) to earning beats (7) among analysts who cover this security. Zack states it is a Hold.
www.zacks.com
A rectangle is a horizontal trading channel and is neutral until a trendline is broken with a trend in that direction. Some swing trade inside the channel.
Targets above the rectangle in green are targets for an Up break and orange are targets for a break to the downside. There is a double bottom on the support trendline.
The 50 is trying to cross down through the 200 but has not done so yet.
Today's candle, so far, is a spinning top which is a candle of indecision. This candle may change by close.
No recommendation.
Mastercard Long term nice investmentHow to make a good investment?
1) Invest in something solid (Mastercad is an example with the market cap 317B)
2) the trend that always grows
3) find a minimum point (in this case on the average 200 at 1w)
4) pattern: ascending triangle
5) Buy and let it go (HOLD)
$MA with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $MA after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 33.33%.
MA Mastercard exposure to Russia and UkraineVisa and Mastercard restricted transactions in Russia as aggressive penalties on the country over the invasion of Ukraine.
Mastercard has about 4% of its net revenues from Russia, while Ukraine-related business accounted for about 2% of Mastercard`s 2021 net revenues.
My price target for MA is the $312 support while the buy area for a potential wick down is $292 - $305.
Looking forward to read your opinion about it.
MA weekly... definition of a downtrend ? after a nice weekly shooting star at a Fibonacci extension level, NYSE:MA is marking lower lows and lower highs...
MAMA is facing a possible break in Macro structure. If price trades below this level we could see lows retested. Let's see how it plays out.
