Mastercard at a resistance level
260-210 accumulation zone
and on top of that there is a
288-260 accumulation zone
which was tested in August
and again in October.
But now there is a defensive,
if not "distributive" appearance
to the chart of MA. The large
swings up and down from 340
down to 300 suggest a large
seller has been dumping a
significant position. The rally
here from 295 to 330 suggests
it is worth a try on the short side.
Look for a test of the $312 area and use a $340 stop loss.
and on top of that there is a
288-260 accumulation zone
which was tested in August
and again in October.
But now there is a defensive,
if not "distributive" appearance
to the chart of MA. The large
swings up and down from 340
down to 300 suggest a large
seller has been dumping a
significant position. The rally
here from 295 to 330 suggests
it is worth a try on the short side.
Look for a test of the $312 area and use a $340 stop loss.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.