willoptions

$MA - 5-count Breakout with Pending Catalyst

Long
willoptions Updated   
NYSE:MA   Mastercard Incorporated
Has recently broken out of a wedge with internal 5-count started in early November on news of stimulus passing.

A larger stimulus payment would be very bullish for $MA - likely enough to take it to & through ATH of ~$367.

Below are my targets & extended targets.

  • Entry: Either re-test of Wedge ($342) or Break above $348.21.

  • TG1: $355
  • TG2: $363
  • Extended TG3: $370
  • Extended TG4: $380

  • Invalidated: <$330

Like & follow if you enjoy my work :)
Comment:
Target 1 🎯 hit

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.