Posting the Mastercard chart to keep track as it develops a multi-month head and shoulders. Considering the current trajectory of distressed credit card balances and the number of write offs a lot of the providers have had to eat, I am keeping a close eye on this one.
Mastercard Inc. is a leading technology company in the payments industry that provides payment processing solutions to businesses and consumers worldwide. Mastercard is one of the largest payment processors in the world by market cap and the number of payments processed.
Mastercard is trading inside a Channel Up and today almost hit the bottom.
As long as the MA200 (1d) isn't broken, the long term trend stays technically bullish.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 445 (+14% rise a minimum on the bullish legs prior).
Tips:
1. The RSI (1d) prints the exact same bottom pattern as on the May 31st Low.
...
the volatility of the MA has decreased over the period. I guess the fair value of this underlying is somewhere at 380. based on this trendline and could test lower support
Hello,
Welcome to this analysis about MA, we are looking at the 4-hour timeframe perspectives. The world is constantly changing more and more so also the payment processing world. In times of emerging central-bank-digital-currencies besides the already existing cryptocurrency market, classical payment providers need to find a solution to hold on with the trend....
The PEAD projected a bearish outlook for NYSE:MA after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
📈📊 #ChartPattern Alert! 📈📊
📈 Rising Wedge 📈
📈 What is a Rising Wedge? The Rising Wedge is a bearish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bearish reversal, with the price likely to break downward after the wedge pattern.
📈 How to...
It's been too long since we last looked into a Mastercard Inc (MA) trade, with last time though (see chart below) providing a good pull-back buy opportunity:
This time the price is on a 1D MA50 (blue trend-line) rebound, in fact a Double Bottom rebound if we count the August 03 Low. With the 1D MACD about to give the ultimate buy confirmation on the Bullish...
It is clear that there are signs of severe weakness in the current ascent, and this leads us to decline once again to the shaded area, so that wave 4 of Elliott base forms, from which the market maker and buyers enter strongly to make a new historical peak for the shaded area above.. Then we will update the market. Good luck
Note: the analysis fails if the price...
Mastercard Inc NYSE:MA
- Historically cycles are between 34 - 40 months
- Now on month 40 of a decline/consolidation cycle
- New cycle into bull phase highly probable
- Above 10 month, 200 week & 200 day SMA
- Recently had lowest oversold RSI level ever!
- Monthly MACD Cross
In addition to the above points, a number of bullish parameters are lining up on...
Hi,
The second technical confirmation after the June close (the first one was a previous idea Walmart) came from Mastercard (MA), buy the strength. Almost the same setup as Walmart has.
Mastercard is one of the largest payment processors in the world, having processed close to over $8 trillion in transactions in 2022. Mastercard operates in over 200 countries...
Company: Mastercard Incorporated
Ticker: MA
Exchange: NYSE
Sector: Financials
Introduction:
Our focus today is on Mastercard Incorporated (MA), a heavyweight in the Financial sector, listed on the NYSE. The weekly chart is revealing a Rectangle pattern, which indicates a potential bullish continuation.
Rectangle Pattern:
The Rectangle pattern typically...
macro: snp500 QQQ uptrend
News: inflation flattening
TA :rising triangle, and breakprevious high, entry when it break the recent swing high
STOP: rolling till worthless options
MA is showing weakness on 1W chart.
There is a big sell zone near 382$ where buyers have tried to win sellers, but all 6 attempts (mentioned on chart) were losing.
I expect two signals of weakness that will give confirmation of closing long position/ opening short position.
First signal is closing 1W candle under ema50 (about 357$ at mom). (This signal will be...
The PEAD projected a bullish outlook for NYSE:MA after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 40%.
The master card company is the leader of the financial fraudsters
What we are seeing in the Mastercard trend is an upward trend, because when more money is printed and economies go towards destruction, at first glance, we can see that the shares of banking companies will grow, but let me listen to my friends. It has and should be prepared for the fact that...
