The Mastercard Trade
Updated
After 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
Going long with 2.2 RR ratio, waiting for P SAR reversal point. SL under support and TP with RR placement
Trade closed manually
trade cancelled as it didn't reach target open priceOrder cancelled
Trade active
Order reopened as Apple news are confirmed, bias remains bullishDisclaimer
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