Mastercard is Up for the 2nd Day in a Row

The Daily View for Mastercard

  • At the time of this writing, MA’s price is up $5.58 (1.47%) from the day prior.
  • This move is a reversal from the day prior, which saw price move up.
  • From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Mastercard’s hourly price chart is shown below.

MA

The Daily View for Mastercard

  • At the moment, MA’s price is up $3.96 (1.03%) from the day prior.
  • This is the 2nd day in a row Mastercard has seen its price head up.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Below is a daily price chart of Mastercard.

MA

Featured Mastercard Idea From TradingView

Below is a trading comment entitled Super League Controversy Creates a Trading Opportunity on JPM you may find interesting:

The proposal for the formation of a new “Super League” by a breakaway group of top-tier football clubs in Europe has stirred quite the polemic over the past several hours, especially after the name of the U.S. bank JPMorgan was thrown into the controversy.Leading clubs from England, Italy, and Spain, announced their intentions to create a new competition comprising of some of the world’s richest clubs, such Manchester United, Real Madrid, Juventus, and Barcelona, which was the primary cause of the commotion.The announcement was followed by an immediate outcry from fans denouncing the proposal, viewing it as nothing more than a cash-grabbing idea. It was later revealed that JPMorgan was to finance the Super League with more than $4 billion, helping organise it using an American-style model used in the NFL and NBA.AccountGo PremiumAnalysis JournalMarketsShark RadarTrading eBookMissionSearch by TagTerms & ConditionsRisk DisclaimerPrivacy PolicyContact us Sign outProfileSettingsSubscriptionBilling HistorySearch by TagTerms & ConditionsRisk DisclaimerPrivacy PolicyContact us Go Premium AnalysisAllForexCommoditiesIndicesStocksP&L History Journal Markets Shark Radar Trading eBook Mission MarketsBreakdown of the latest developments on the global exchangesApr 21, 2021, 8:52 AM GMT#StockMarketJPMo…

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