Alek4

MA analysis

Long
NYSE:MA   Mastercard Incorporated
According to the chart, the price has been broken out from our dynamic resistance which illustrates the falling wedge caused the bullish setup on daily time frame.
Moreover, RSI has been sharply increasing these days also it could be more bullish

However, the fundamental should be reviewed first to have a better trading

In addition, the pattern has been already triggered, so it is better to pay attention on the entry price which affects on the final interest.

To sum up, There is no financial advice here please do your own research to have a better position.

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.