MA - Horizontal Trend Channel [MIDTERM]- MA is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction.
- The stock has broken a resistance level in the short term and given a positive signal for the short-term trading range.
- The stock is approaching resistance at 380, which may give a negative reaction.
- However, a break upwards through 380 will be a positive signal.
RSI is above 70 after a good price increase the past weeks.
- However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards.
- The stock is overall assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
Chart Pattern:
- Double Top - DT
- Double Bottom - DB
- Head & Shoulder - HS
- Rectangle - REC
- inverse head & Shoulder - iHS
Verify it first and believe later.
WavePoint โค๏ธ
MACL trade ideas
MA 1H trend trade break under ice bar volumed testDay chart conditions:
Trend trade 1IBK
+ short balance
+ CREEK level
+ resistance level
+ 1/2 correction
Hourly chart:
Conservative trend trade 1IBK
+ short impulse
+ 1/2 correction
+ resistance level
+ BUI test
+ volumed 2Ut
+ better price level entry
Calculated affordable stop
1 to 4 target
Weakness in Mastercard detected. MADivergence and a highly likely start of a new cycle on the daily appears to be on the cards here. Is this a new Wave A on its descent down?
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Mastercard continues to be mixed and volatile. Mastercard - 30d expiry - We look to Sell a break of 335.88 (stop at 345.02)
Trading has been mixed and volatile.
A break of the recent low at 336.02 should result in a further move lower.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Short term bias has turned negative.
A higher correction is expected.
Our profit targets will be 314.04 and 310.04
Resistance: 350.00 / 360.00 / 369.26
Support: 336.00 / 330.00 / 320.00
Disclaimer โ Saxo Bank Group.
Please be reminded โ you alone are responsible for your trading โ both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading โ both gains and losses.
MASTERCARD About to break into long-term bullish territoryMastercard Inc (MA) is rebounding again back towards the top of its +1 year Channel Down pattern after the December 02 rejection on the 262.000 Resistance, which happened to be also at the top (Lower Highs trend-line) of the Channel.
If the price breaks above, that alone would be a major bullish break-out signal for the long-term but ideally we would like to see a cross above the (red) Resistance Zone for confirmation. Beyond that, the upside targets are the 382.00 April 28 High and 400.00 February 02 High.
If on the other hand the 1D MA50 (blue trend-line) breaks first, we expect a pull-back to the (green) Support Zone (around 305.00) before the uptrend is resumed.
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W Pattern Formation (Double Bottom)Master Card is Forming the Double Bottom Pattern on the Hour TimeFrame After the Breakout of the 200days Plus Trend Line. First Target Should be $348.92 and seconf target should be $352 Around. Good Short Term Long Trade we can take. Please Take a look at the Chart.
MA: End of bearmarket rally?!Mastercard
Intraday - We look to Sell a break of 338.10 (stop at 362.71)
The primary trend remains bearish. Trading within the Wedge formation. A move higher faces tough resistance and we remain cautious on upside potential. Further downside is expected. A clear break of 338.10 and we would look for further gains to 276.50.
Our profit targets will be 276.50 and 260.00
Resistance: 343.00 / 380.00 / 420.00
Support: 280.00 / 230.00 / 160.00
Please be advised that the information presented on TradingView is provided to Vantage (โVantage Global Limitedโ, โweโ) by a third-party provider (โSignal Centreโ) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Buying Mastercard on dips.Mastercard - 30d expiry - We look to Buy at 309.51 (stop at 297.77)
The primary trend remains bullish.
Support is located at 310 and should stem dips to this area.
Short term momentum is bullish.
A lower correction is expected.
308.8 has been pivotal.
Short term bias has turned positive.
This stock has seen good sales growth.
Our profit targets will be 338.38 and 347.38
Resistance: 325 / 340 / 360
Support: 320 / 310 / 300
Disclaimer โ Saxo Bank Group.
Please be reminded โ you alone are responsible for your trading โ both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading โ both gains and losses.
Short $MA from 3444th test on top range and this channel is starting to look really strong and trustworthy. With last week's crazy pump, I think we are in for a beautiful entry early next week. Let's see how it opens and if we can get filled at 344. Otherwise I might chase price a little, as this setup looks too good to miss.
Ps. Price is also breaking out of 300-400 range where it has been since mid 2020.
The risk/reward on this is very nice I think.
Entry: 344
SL: 362.5
TP: 284