When the Price of Mastercard $MA Talks, People Listen

August 16, 2023, 10:00 am ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MA

• Buy MA slightly over 394.99 target 416.57 stop loss @ 393.85 Details

The technical summary data tells us to buy MA near 394.99 with an upside target of 416.57. This data also tells us to set a stop loss @ 393.85 to protect against excessive loss in case the stock begins to move against the trade. 394.99 is the first level of support below 398.47 , and by rule, any test of support is a buy signal. In this case, support 394.99 is being tested, a buy signal would exist.

• Short MA slightly under 416.57, target 394.99, stop loss @ 417.77 Details

The technical summary data is suggesting a short of MA as it gets near 416.57 with a downside target of 394.99. We should have a stop loss in place at 417.77though. 416.57 is the first level of resistance above 398.47, and by rule, any test of resistance is a short signal. In this case, if resistance 416.57 is being tested, a short signal would exist.

Swing Trading Plans for MA

• Buy MA slightly over 399.19, target 416.57, Stop Loss @ 398.04 Details

If 399.19 begins to break higher, the technical summary data tells us to buy MA just slightly over 399.19, with an upside target of 416.57. The data also tells us to set a stop loss @ 398.04 in case the stock turns against the trade. 399.19 is the first level of resistance above 398.47, and by rule, any break above resistance is a buy signal. In this case, 399.19, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MA slightly near 399.19, target 394.99, Stop Loss @ 400.34. Details

The technical summary data is suggesting a short of MA if it tests 399.19 with a downside target of 394.99. We should have a stop loss in place at 400.34 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 399.19, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for MA

• Buy MA slightly over 399.19, target 399.71, Stop Loss @ 398.26 Details

If 399.19 begins to break higher, the technical summary data tells us to buy MA just slightly over 399.19, with an upside target of 399.71. The data also tells us to set a stop loss @ 398.26 in case the stock turns against the trade. 399.19 is the first level of resistance above 398.47, and by rule, any break above resistance is a buy signal. In this case, 399.19, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MA slightly near 399.19, target 395.19, Stop Loss @ 400.12. Details

The technical summary data is suggesting a short of MA if it tests 399.19 with a downside target of 395.19. We should have a stop loss in place at 400.12 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 399.19, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Mastercard (MA) available here: MA.

MA Ratings for August 16:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	372.85
P2	395.19	393.33	394.99
P3	399.71	399.19	416.57

AI Generated Signals for MA

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Mastercard (NYSE: MA) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for MA can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.