MASTERCARD NEW TESTThe price is moving in a narrow range, the momentum is strengthened in the following candles, supported by the crossover of the MACD lines and the volume shift for buying supports the upside as expected
MA trade ideas
MA LongWilliam Alligator : the stock is in a bullish position because the candlesticks are above the Teeth, Lips and Jaw, and the lines are “eating with an open mouth” this indicates that the stock is in a strong uptrend.
RSI : the line is under 70, so the stock is not overbought.
Candlestick patterns : there are three white soldiers which are a bullish confirmation.
Overall : it can be interesting to take a buy position on this stock because all indicators indicates that the price is increasing. Entry price is higher than the current price for assurance and stop loss is set at -5%.
MA bounce off long term support, PT: 400+11 minutes ago
Although I am not very bullish on the market as a whole, I see this as very good opportunity to grab some long calls for MA.
With MA being a very stable company, I do not see why they would drop anymore than they already have, also its been following this support and resistance trend for the past 5 months.
The way I will be playing this is on a clear break of 361.70 resistance, I will grab some 4/16 365 calls.
My price targets are listed above on the chart also:
PT1: 365.43
PT2: 373.37
PT3: 384.30+ (free runner)
Again I will say, I am playing this very wary due to the awful market conditions we are in so if you play this with me, please use a small position as I will be doing the same!
Goodluck!
NYSE:MA
$MA - Master Card long idea$MA broke a big range and reached new ATHs recently now waiting for the retest of prior S/D, good confluence with GP + trendline support around $360 - $365 area, taking a shot there.
MA 🌦This looks identical to V. I like to trade this two together, its part of my inter-market analysis.
+20% move (profit) on $MA falling wedge (posted a month ago)Why some people don't make money , because technical isn't enough for success in the stock market . You need emotional stability and trusting you " Technical " .
The party is over IMHO .
MA (NYSE) - Be Carefull for retraceGreetings
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
MA (NYSE) - Be Carefull for retrace
MA a bright spot in the market todayI like MA long on a pull back to the green box or break of the recent high. Very strong today early but suffered some selling later when the indexes retraced. MA should benefit from the re opening theme. They have also recently add Crypto to the mix by saying that they plan to facilitate transactions in BTC. BTC is strong right now so that may be and extra catalyst as well as the expected spending due to the recent stimulus package.
Still bullish on MastercardDespite huge selling, there are few potential rebounds. So yea, the symmetrical triangle is still intact until broken. Not forgetting the resistance tested multiple times
$MA - Initiating moon target! Over $357 it is gone imo.Reopening spending spree!
Consolidation is solid enough to moon.
MA please spike MA appears to be bullish. There is a clear resistance around 345
There is an ascending triangle in the 30m chart.
Candlestick is crossing MA20
MACD about to intersect, and volume is about to turn green
Stoc is on an uptrend towards the oversold area
$MA Mastercard Incorporated (MA)Mastercard Incorporated $MA TO OPEN UP NETWORK TO SELECT CRYPTOCURRENCIES. Looking to clear these levels to get into price discovery mode.
Be your own masterRange Trade
Reward/Risk: 2/1
Entry: 332.60 or at a lower price
Stop: 310.00
Target: 375.00
Any Economic recovery should be a tailwind for the stock
MA - Trade Setup - 34% Upside PotentialHere is my trade setup for NYSE:MA . Entering a long position here. We could possible see a bit more downside to the fibs levels labeled 1.618 and maybe 1.809. I would enter a partial position here and then double down if it goes to 1.618. I would set your SL to a bit below 1.618 initially, this would mean a los of about 6.3% if you got stopped. Upside potential for wave 3 is 34%. This gives an RR of 5.4. Expect to hold this trade for several months until price target is reached.
