Mastercard seems to have completed a 5 waves rise since 2006. Therefore we are expecting a 3 waves process correction over the next few months or years starting with a wave A with a target around $79. *Disclosure: I am short MA at the moment of this publication. This is only an idea and shouldn't be taken as an investment advice.
#MA #MASTERCARD possible short idea (Cypher Pattern) must wait for confirmation like double top be mindful of wedge pattern possible 3drives pattern too Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
Master Card has had a great run, and now we've got a tremendous amount of new volume post split which has added to the volatility of the stock. Combine that with "this quarter's dooms day sayers" for stocks and we have a nice story to begin building a position in this stock. This is not a bottom call, but for all of those longer term investors, its a call to...