MA LONG SWING. Entry on retracement MA has been trending to the upside for quite some time. Although markets are way overbought there is still no sign of considerable weakness. Hence for a bullish setup MA is a good choice since this is a very strong performing stock. Feel free to adjust the stop protection based on your risk tolerance. Since there is no prior resistance area , a trailing stop or other techniques can be used to maximize profits. NOTE: Today's bullish candle needs to close solid bullish or blue on a chart for this setup to work better
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M4I trade ideas
MA: Sort opportunityAn intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
MA - Long Mastercard new catalyst with APPLMastercard (MA) is powering the new Apple (APPL) credit card along with Goldman Sachs (GS). This provides a short term news cycle catalyst and a long term new growth opportunity and partner for Goldman, but more importantly Mastercard. Once the news settles on the Apple event it will be clear the real winner is Mastercard who stands to only gain from the relationship. Millennials and younger generations with their strong affiliation for Apple should be drawn to the card and it's unique benefits.
Apple Mastercard
www.apple.com
MA has support levels at 224 and 211, and should continue upward throughout the year barring in major Macro news.
MA IS THE KEY WAVE 1 OR X HAS ENDED MARKET TOPPING NOW We have ended or just about to end the uptrend for the short term I now look for a decline back into into a .382 over the next 8 td days I amout and flat I also covered small short in wti net loss.06 of 1 % I am net short 20% qqq and will add 10 % 178.09
The Mastercard TradeAfter the latest apple credit card news, MA stock is going up, and probably won't stop just now. I'm opening a long trade ( trend following ) on this one even though or usually don't trade stocks, ( due to the liquidity i prefer fx) but this one seems to be a big one. Analysts are saying that this credit card trend could grow a lot, not only with apple, but with other great brands that have extremely loyal customers, and the main card provider? you got i, Mastercard! I mean you could also analyse Visa and compare it to Mastercard but, let's be honest, everyone has a mastercard, imagine if every apple purchase would pass through one.
Going long with 2.2 RR ratio, waiting for P SAR reversal point. SL under support and TP with RR placement