MAST trade ideas
Mastercard, We're Looking For Further Bullish Investor SentimentFriends,
I like trading MA, I regularly place ideas up for this stock and the stock through many examples tends to respond very well to candlestick signals. I always get excited trading this stock as it's been good to me.
Anyway, we're currently seeing a possible bullish impulse swing, possibly taking the stock to all time highs, which, the stock recently did do.
1. There was a bullish kicker signal
2. The stochastic was in the oversold condition, and the kicker caused the stochastic to curl up
3. The bullish kicker signal came straight off the 50EMA, is the 50EMA holding as support?
4. The bullish kicker signal was a very nice one, price on this signal gapped not only above the previous days open, but also above that price.
5. The bullish kicker Marubozu confirmation was a strong buying day, with no downside from the open at all, this definitely increases the credibility of the kicker signal.
6. The stock retraced in between the 0.5 and 0.618 of the Fibonacci before this kicker occurred.
The 7th step of this trade, is we would like to see an open above the trading high on 12.05.2015 of 89.87, which also pushes the stock above the 8EMA which is my entry moving average.
Due to the fact the signal is a bullish kicker signal, we are anticipating the stock hitting all time highs. The bullish kicker, being the strongest signal you can probably get of buying potential in all candlestick patterns, may be the relevant propulsion this stock needs to break the recent double top that barred prices from going higher. But we can only hope, the stock market has a weird way of doing things, and things can change.
If it opens above 89.87 or opens above previous days close BUT trades higher and quickly, I will be buying aggressively into MA stock.
I have attempted making my chart ideas more clearly presented than they used to be, and I hope they are. If you have any feedback regarding my presentation, please let me know :)
Happy trading,
Tom
Mastercard- My trading journey of mastercardMy trading journey of MA. Enjoy guys
I share a few things here that I shouldn't :P
By the way, it's a long for now.
Hope this helps people.
Thanks
Tom
#MA #MASTERCARD possible medium probability short idea#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
MA, potential right shoulder?Although Christmas Rally mood is very high, but i see a potential right shoulder forming
Rotation into finance sectorSeems like big $$$ are into XLF sector.
Mastercard being one example. Definitely will make historical high, but take not of the bearish divergence
Upper channel is around 94-94 base on 45degree price movement, it can be steeper than or less than 45degree
MA- Mastercard Why Did It Stop Where It Did?10-30 So why did MA stop where it did? Because of a word called RESISTANCE.
Before getting sucked up in all the reactionary hoopla
One is better served to look where resistance is before
going long on a reactionary event. If one is looking to short?
You always want to know where resistance is. Its that simple.
Use support and resistance to guide you.
For informational and educational purposes only
These are not recommendations, trade at YOUR own risk.
MA - building strong basement @ 76.00 lvls, pushing to 52w high?it seems MA is ready to push again to the 52w high of around 84.60. Easy BUY with near stopp loss at 74.50.
Discover Financial Services - DFS -Daily - Ahead of the pack -The charts are lined up to the high in 2008 and the current rally looks tired at the old high, creating the look of a double-top. Given that MA and V are well off the highs and have been lagging DFS, it looks like a trade is set up here to short DFS and go long MA and V as a package. Make the longs the same total dollars as the short.
Risk a loss of 5% on the whole position, Target a gain of 10%.
Time period: 1-month.
Catalyst: The attention that Visa is bringing to Apple will lead people to analyze this space for arbitrage opportunities.
Tim 10:25AM EST 9/9/2014 MA 75.79, DFS 63.39, V 214.81
Will The Bullish Triangle Breakout?Watch at $77.89 for clue. Buyers need to get worry below 72.17 short sellers be careful above 79.27. If it breaks out from the triangle's descending trend line expect a measured target price at 84-84.50 if u need a real time alerts try us www.2waytrading.com
$MA The Trend is about to reverse5-years strong upside trend with light volume seems to come to end with bloodshed. Look at the chart (Monthly) you will see where we are heading. Time to build a nice long term trade. We will have a detailed trade plan soon, and stay tuned. If you like follow us.
Look at MA chart, for clues to AAPL future price moves.The top in MA was the day before the "when issued" stock began trading.
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REPUBLISHING MASTERCARD MA DAILY ROLLING OVER - UNTOUCHED ChartUNTOUCHED GRAPH FROM A MONTH AGO:
Granted I put "stop loss" right at the "Maximum" resistance levels at the center of the gray triangles, but the downside action has closely resembled the forecast in time, price and volatility.
Master Card - Fundamental + ChartMaster 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 start dollar cost averaging into this name.
I've highlighted a Fib series that has been stable since September 2010, so we've had a great run, with lots of points to pull back too, and so, I've also highlighted several $/share points which correspond with the stocks "fair value:" based on discounted cash flow analysis, FCF growth rates.
Also, want to highlight this great call on the down turn and counter point to the valuation here:
The counter point to the stock split has been made here:
seekingalpha.com
A very depressing chartI've read "How to Make Money in Stocks: A Winning System in Good Times and Bad" by William J. O’Neil, but still missed this cup and handle setup followed by this enormous move into space.. and beyond!
Mastercard MA downtrend if < 78 short term, <79-80 medium termMasterCard MA
Credit Card Processing = $87 BILLION MARKET CAP
I think Bitcoin is challenging the fundamental valuation of these "transaction processors". If we assume that bitcoin is even a small threat to this establishment, then we can also assume that there is a lot of firepower behind wanting to keep this amount of market cap in tact. Nearly $400 BILLION of wealth is tied to the right to process credit card transactions, which barely touches on the value of the information that is gleaned from credit card use and the "social network" of having so much information about all of your people in your network. The credit card processors actively sell their user names for cash, which is a former of advertising. Hence, I think we can use these stocks as a yardstick for valuing Facebook, LinkedIn, Twitter, and others. Which brings me to an important question, the $64,000 question: Which would you rather own??? Social Networks or Cash Flow Networks?
MasterCard Mkt Cap $87 Billion
Visa Mkt Cap $140 Billion
Discover Mkt Cap $27 Billion
Capital One Mkt Cap $42 Billion
American Express Mkt Cap $97 Billion
===================
Total $393 Billion market cap for the right to process transactions and all of the associated services (usury hidden by fees)
Tim 10:36AM Friday, March 14, 2014 (Pi Day 3.14)
$MALooks bullish very short-term for Fib ret. to test 50% fib & pssbly the 61.8% Fib levels & then bearish & back lower to test the intermediate trendline around 67 level
Mastercard - simple ideeaLike the chart I posted earlier on 3M, theres nothing much to say here.
Look at the green lines. Previous resistance levels become support after a short rally. The same case today, we had a retest of the previous resistance, hammer and lets see what will happen today. Final target should be over the resistance level, unless we see some bearish action there. I didn't check the fib extensions cause there are only 5 minutes left till market open, there might be some symetry there. 34EMA provides excelent support.
If there's no ugly gap down, long on market open
