MA trade ideas
MA bouncedMA with a textbook bounce off the trendline. If I had more buying power I'd be in on $365 8/20 calls. PT $368-$370 EOW.
MA Break Below Completed Trendline - Bearish MA has broken below its completed trendline
Expecting continuation down to nearest support
MA - looking for breakout of gap zonewatching for confirmation w/ short EMAs crossing long EMAs and bullish action above key levels (purple lines) to push out of the gap zone, first PT 390, 395, 401
Mastercard Possible reversalLONG 390-400 level. Depending on how the economy is looking it could break that level.
MasterCard Call!!!$400 call expiry 8-6. Credit card companies have been rewarded massively on good earnings and I don’t think MA will be any different. Looking for a price target of $409 on this one. Sitting above the 200 ma w a parabolic Sar showing as well as a macd divergence on the daily
MA ahead of earningsMA - Earnings 7/29 BMO. Looks very strong for a potential ATH breakout. Key level to break is the 393.30 and should easily test 401.50. V is also very similar and has earnings ahead of MA so we could see some sympathy movement ahead of MA’s actual earnings report. Both have great set ups for a breakout ahead of earnings and will keep them on watch for a short term swing this week.
MA long from 380, PT 400, 430.I think MA will hit 430 by mid/late August. Got 390 calls at 381 exp 8/20
$MA | Mastercard Poised For a Bull RunThe targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart. The support zone is also defined by the model.
$MA cypher Hey guys at gym so this looks terrible chart wise however I feel it can make a move, Targeting 382 and 618 above. Worth checking out
Mastercard (MA), still moving in rangeMastercard is another credit card and digital payment company. Similar to Visa, Mastercard has also hit its all time high this year on 28 April at $401.50. The price is currently moving in a range between $356-$370.
There seems to have some rejections around $370. The price needs to break above $370 before reaching target $387. The nearest support would be either $356 or $344, depending on risk appetite.
Mastercard Could Be Squeezing Toward a BreakoutMastercard has been lulling into a triangle, but now the credit-card stock could be getting ready to charge higher.
Consider how Bollinger Bands Width has narrowed to its tightest range since November 2017. Also notice the bullish inside candle on the weekly chart. Both of those, combined with the triangle drawn above, highlight the volatility squeeze now taking place.
But will it last? On Tuesday, the 8-day exponential moving average (EMA) was just $0.37 below the 21-day EMA. A cross above could signal shorter-term momentum is turning more bullish.
Next, MACD has been rising for more than a week.
Finally, consider how all this consolidation is occurring around the same $367 area level where MA peaked last August. We could simply be witnessing old resistance becoming new support – albeit in a painfully slow manner.
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Mastercard buy the dipAnother opportunity here to get in at a lower price on a bigger name with Reward risk of 1.98
Every time there's a chance to get on on Mastercard or Visa, we will pull the trigger as long as the economic environment is favorable to it.
Possible Long Setup for MasterCardAs meantioned before. Credit Cards may benifit this year from higher sending, inflation and intrest rates.
So a long is possible, also for MasterCard beside of Visa.
MasterCard has the strongest MomentumCredit Cards may be the hype stock for the second half of this year because of inflation, stores open and maybe higher interest rate.
MasterCard seems to have the strongest momentum of all 3 major credit card companies.
Mastercard MA Buy Zone
Mastercard MA is still moving higher with the a significant bullishness recently appeared in violating the resistance around $368.65.
The RSI and momentum indicators are supporting more upside potential hitting $383 and $395.70 consecutively.
MA Long Position Hello Traders, I hope you guys are doing ok
#MA has reached its support area,
I think it's a fine opportunity to enter a buy position.
The Risk/Reward Ratio is 3.04 for a 3months period.
