Wave Plot...Not much upside even if it plays out, posting to see if it does work.by Swoop6Published 110
$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. Longby HODLofShitcoinsPublished 222
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 stockLongby IngenuityTradingPublished 112
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. Longby CathartesCapitalUpdated 220
Cut the noise and stick to the chart $MA Looks Higher!Perfect falling wedge it looks higher to me , we'r going back to the top ...Longby K-alonziPublished 226
Mastercard MT (January 27th 2021)Mastercard (MA) (January 27th 2021 through October 2021) Low: $239 High: $349 or Low: $303 High: $445-$470 2020 Q4 earnings in 2 days, I'm a bit indecisive on this one. I think the earnings may very well under-perform wall street expectations but maybe not by much, seems like a decent target. I think Mastercard could go through quite a bit of resistance in the next few months but it may get its bullish time again. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!Longby HamboogerPublished 1
Mastercard strong bounce of the 200maGreat dividend growth add, payout ration sub 20%, Free cash very strong, re opening play also by efelix48Published 1
BUY $MA - NRPicks Ene 17Mastercard is the second largest payment processor in the world and processed $4.8 billion in purchase transactions in 2019. Mastercard operates in over 200 countries and processes transactions in more than 150 currencies. The COVID-19 has affected many companies and Mastercard has been no exception, however, it only reduced its sales by 10%. The company as well as its biggest competitors (Visa and Paypal) have developed and expanded their brand all over the world. Operationally the company maintains an average level of debt compared to its competitors and will have no problem meeting its financial obligations. Fundamentals: - Growth - 18.7% estimated growth in net earnings for the next 3 years - ROE 255% VS 13.6% industry Technicians: - Price level below SMA 250-200-150 - Williams R% at -89% levels - RSI (24) Overbooking -8% average upside during the month A correction of 9% was presented from December 8 to January 15, which stopped at a support of $322. At this point, we expect the stock to show a change in trend as the 322 level has been respected several times during the year. Finally, Technical Indicators like SMA, Williams R% and RSI show us buy opportunity.Longby NewroadTraderPublished 222
MA - Falling Knife or Buy the Dip?NYSE:MA and NYSE:V have been on my list for a while. The fundamentals look rather elevated however light at the end of the covid tunnel and seemingly endless fiscal stimulus seem people to keep on spending. Combined with the fact that Visa and MasterCard are pretty much dominating the market, I think the stock belongs in a well diversified portfolio. After falling off a cliff in March I missed the opportunity to buy the stock for the recovery rally and thus look for a justifiable entry point. Today's setback has brought the stock into what I believe to be a "support area" between $320 & $330. Levels where I could see myself entering the stock unless something changes fundamentally in either the company or the broader market perspective. What I like; + Positive regression trend since March 2020 lows, the only outlier is the Oct earnings dip. + Stock is now trending in a support channel between $320 and $330 that has attracted buyers in the past + RSI around 40's which indicates that the stock enters oversold territory + General Analyst price consensus is in the $370 range What I don't like; - MACD at crossover point indicating potential bearish tendencies - Recent selling happened at higher than avg. daily volumes What I watch; * Bottoming-out / reversal of RSI * MACD reversing to bullish tendency * Confirmation of support channel, in combination with * Confirmation of Regression channel bottom * News in the run up to earnings on Jan 29 Trade expectations; Buy Limit @ 325 GTD SL @ 310 (dynamic adjustment on price incr.) TP @ 370 RR-ratio 3:1 ***The above represents my personal view and shall not be considered investment advice. Risk management is key, do not trade what you can't afford to loose***Longby SLRKUpdated 227
Potential Pennant Forming MAMA has seen a recent drop the last few days, but with price targets being raised for the company's stock price. Could this be a sign of price manipulation for an Earnings run? I also see a potential inverse head and shoulders. Let me know what yall thinkLongby SamSaladdPublished 111
long $V and $MAlong $V and $MA long term. Both $V and $MA are hitting my trendline. Buy huge position in both. Longby LalabhaiforeverPublished 221
MA 30%Looks like it is nested 1-2 1-2. We should see a pretty powerful wave up to new highs so, there will be no upper resistance. Longby arama-nuggetroublePublished 4
Phenomenal bullish set up on Mastercard Target - green box Invalidation level - red line Longby UnknownUnicorn3913760Published 1
Is Mastercard Staggering Toward a Breakout?Mastercard has gone nowhere for a year, but now it could be ready to start moving. Notice how prices jumped on November 9 and moved sideways for the next six weeks. MA accomplished a few things technically during that time. First, the credit-card giant managed to consolidate above an important zone around $330. That was the bottom of its bearish gap when the Covid correction began on Feb. 24. It was also resistance in early August and failed support in late October. Additionally, the $330 area was near its 50-day simple moving average (SMA). The next level that matters is approximately $345. That was the top of MA's range in early December. Old resistance could be turning into new support once again, but $15 higher. Additionally, the 21-day exponential moving average (EMA) crossed above the 50-day simple moving average (SMA) in late November and has remained there since. That can indicate the trend is turning more bullish. MA is also interesting fundamentally because its business stands to benefit from a rebound in the economy after the pandemic. Finally, Wednesday's price action included a lower low than Tuesday and a higher high. That kind of bullish outside day can indicate buyers are taking control. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.Longby TradeStationPublished 13