Master Card on Long sideMA shall seeing long side soon.
finding rigid support on demand zone i.e. fib 50.0%
MA trade ideas
Mastercard 30 Min Timeframe (Elliot Wave)Downside potential toward 50% Fibbonaci line before starting the Waves 5 on 30min timeframe chart.
Watch out the price closely when it hit 50% Fibo line as it may start the Waves 5 for short term trade.
Just an Ideas. Trading involves significant risk. Trade at your own risk.
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very close to new highslook for a break and hold of the top trendline for a entry, then use a breakeven stop on once you are in profit. goodluck <3
daily analusis of MASTERCARD INCORPORATEDHi friends
the daily chart of this market shows that it will experience with a high probability an uptrend in the next few days please subscribe to receive more analysis
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Cup and HandleLong when chart chills out
Has broken bottom trend line of bearish rising wedge
Long term uptrend
NV is high
Short interest is low
C&H patterns are only valid over long entry level
A Narrowing rising wedge is a technical pattern, suggesting a reversal pattern frequently seen at the top. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. Using two trendlines – one for drawing across two or more pivot highs and one connecting two or more pivot lows. The 2 upsloping lines are in the same direction of the trend
Unlike a triangle, both trend lines slope upwards in the same direction. It represesnts too much buying without healthy pull backs, or irrational exuberance. Rising wedges are longer term patterns that flags or pennants and go on for at least 3 weeks, months or longer. A stock can break up from a RW, but the break up is often weak and short lived.
It is ok to trade stocks in a RW, as they can travel up for a very long time inside of one. Personally, I avoid them. Just keep an eye on the bottom trend line of the Rising Wedge pattern
Rising wedges can cause a shortage of buyers when the stock pulls back, because too many buyers on way up, so no one left on way down. Pull back can be deep. A strong stock will not fall as far as a weaker stock as a rule. It is an example of supply and demand. Characterized by negative touches to the bottom trend line
A falling wedge, often found in a down trend is very similar, but both trend lines slope down in the direction of the trend which is down
A FW can also signal a reversal in trend, but is often bullish.
Not a recommendation
MA - Buy on Dip CandidateFast Turtle Buy Near EMA50 support and above turtle rainbow
FiFT turned green with Buy On Dip signal. Oversold.
ATOM neutral with priceline turned green.
MCDX+ Turned solid BANKER VOLUME.
MAthis is an obvious dip buy to me, compared to visa i think this has the ability to pop off more, although i think visa is a sure bet too, has more international reach than visa, good long term hold as well, I'm thinking back to all time highs next quarter if the market cooperates
MasterCard LongHey everyone,
MasterCard just bounced off the trendline and is well relaxed with it's RSI. In addition to that the cloud gives a solid support. That's why i think MasterCard will start in Wave 1 now.
Entry: now
Stop loss: 315$
TP: 395$
CRV: 3.7
Much fun witrh that trade!
Leave a follow please, my goal is 200:)
MA pitchfork pattern analysisThe price will likely go up towards the point where 3 pitchfork lines intersect (see the blue arrow).
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DISCLAIMER: Security trading involves substantial risk of loss. My analysis is not trading advice. Do your own research first and/or consult a financial advisor. I'm not responsible for any losses you may incur following my analysis.
Master Card in Downward Trend (Correction)The price mostly will fluctuate in the lower Boilinger Band till it reaches its strong support level @ $290. Buy MA around this price to hold for long templ.
Master Card on Long sideNYSE:MA
1. Price retraced to 50% fib and successfully pivoted on 50MA.
2. Bullish pin bar was supported by 50MA, followed by confirmation with bullish mark up bar.
3. Trendline that supporting the down wave, confluence with the reversal.
4. On Volume profile, Point of COntrol show significant support zone too.
Bullish on MastercardGreat Moving avereages setup.
RSI looking strong at 50
MACD turning bullish
Bollinger Bands narrowing down.
Cup and HandleThere is also a long term rising wedge in this chart. MA is riding bottom trend line right now. Rising wedges can be bearish. Strong stocks do not seem to fall too far and this one has pierce the wedge trend line. Rising wedges can be very long term patterns. Just be aware
MA hit long entry level and pulled back but is now under long entry level.
NV is high so there is interest. Short is low
Not a recommendation
MA: About a month ago, I had a dream that this crashed HARD...Looks like it could be shaping up now too... either BREAKS that SAR point and goes down HARD, or retreats and soars up again to new ATHs... let's see!
Mastercard still on a mid-term up trend towards 365-369 levelsBased on overall market sell off, MA has been going down but has support levels around 318-320 and next one down around 290-295 range (which is where previously it bounced off before it took off to mid 360s). I still think in the mid-term, barring any overall macro economic bad news etc it should keep going up. Also last week was a tech stock sell off. There was no reason to drag master card with it. Even if economy recovers, people will continue to use services of MA.
