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james_shen

MA - Counterattack candle pattern, RSI positive reversal,...

Long
Mastercard Incorporated (NYSE:MA)  
james_shen  
NYSE:MA   Mastercard Incorporated
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
RSI shows positive reversal, stochastic is about to golden cross the signal line from oversold zone. Candles from today and yesterday form a counterattack pattern. July 30th and 31st candles form a tweezers bottom pattern (lower wicks will act as support, and can also be used as stop). All these indicate a bottom reversal.
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