MasterCard (MA) – [ Watching For A Breakout! ]

Chart Source: Tradingview.com

Mastercard (MA) should be no stranger to all, as most of would probably have a visa or Mastercard.

It is currently on a nice uptrend, sitting above its moving averages and have been trying to breakout from its $390 level. It did try to break that $390 on Monday night failed to have a convincing break and pulled back towards the end closing lower than the breakout point. The good thing is that it didn’t trade lower but continue to hover at $390. If Mastercard can finally break through this level we might see more positive movement towards $400 then $420.

The support is around the uptrend line of $380.

Yours

Humbly

Kelwin&Roy

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