MA trade ideas
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.
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.