Trading Mastercard $MA With Integrated Risk Controls

November 10, 2023, 08:15 am ET, BY Neal- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for MA

• Buy MA slightly over 386.99 target 404.87 stop loss @ 385.87 Details

The technical summary data tells us to buy MA near 386.99 with an upside target of 404.87. This data also tells us to set a stop loss @ 385.87 to protect against excessive loss in case the stock begins to move against the trade. 386.99 is the first level of support below 388 , and by rule, any test of support is a buy signal. In this case, support 386.99 would be being tested, so a buy signal would exist.

• Short MA slightly under 404.87, target 386.99, stop loss @ 406.04 Details

The technical summary data is suggesting a short of MA as it gets near 404.87 with a downside target of 386.99. We should have a stop loss in place at 406.04though. 404.87 is the first level of resistance above 388, and by rule, any test of resistance is a short signal. In this case, if resistance 404.87 is being tested, so a short signal would exist.

Swing Trading Plans for MA

• Buy MA slightly over 389.44, target 404.87, Stop Loss @ 388.32 Details

If 389.44 begins to break higher, the technical summary data tells us to buy MA just slightly over 389.44, with an upside target of 404.87. The data also tells us to set a stop loss @ 388.32 in case the stock turns against the trade. 389.44 is the first level of resistance above 388, and by rule, any break above resistance is a buy signal. In this case, 389.44, 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 389.44, target 386.99, Stop Loss @ 390.56. Details

The technical summary data is suggesting a short of MA if it tests 389.44 with a downside target of 386.99. We should have a stop loss in place at 390.56 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, 389.44, 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 389.44, target 392.33, Stop Loss @ 388.53 Details

If 389.44 begins to break higher, the technical summary data tells us to buy MA just slightly over 389.44, with an upside target of 392.33. The data also tells us to set a stop loss @ 388.53 in case the stock turns against the trade. 389.44 is the first level of resistance above 388, and by rule, any break above resistance is a buy signal. In this case, 389.44, 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 389.44, target 386.99, Stop Loss @ 390.35. Details

The technical summary data is suggesting a short of MA if it tests 389.44 with a downside target of 386.99. We should have a stop loss in place at 390.35 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, 389.44, 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 November 10:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	386.99
P2	392.33	370.07	404.87
P3	400.94	389.44	421.52

AI Generated Signals for MA

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Mastercard (NYSE: MA) report below can help you, but we have more details too. The trading plans for MA, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.