Mastercard Inc (MA) Up 0.29%; Pin Bar Pattern Appearing on Chart

Mastercard Inc Daily Price Recap

Mastercard Inc is up 0.29% ($0.83) since yesterday, marking the 4th day in a row an increase has occurred. The change in price came along side change in volume that was down 13.7% from previous day, but up 62.05% from the Tuesday of last week. The daily price chart of Mastercard Inc below illustrates.

Mastercard Inc Technical Analysis

Coming into today Mastercard Inc is now close to its 100 day averages, located at 286.59 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Mastercard Inc’s price has gone up 15 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to MA:

    $MA I bought this in 2006 at a split adjusted price of $6. It is up almost that amount today. I retired off of this stock

    For you newbies out there, there are times to trade stuff, surely. But the big money is in holding. Find a company or a few that you really like and hold it/them for a while and you will be amazed at how high it can go.

    MA is a toll both company. I love those kinds of companies.