Hot Stock Alerts

Potential Breakout Stocks of the Day:
Top Stocks 2021 - TSLA BYND GBTC
Top Penny Stocks 2021 - GBTC

Stock Market Closing Report - 12/8/20 December 8, 2020

Wednesday, August 27, 2008

( MA ) Mastercard 8/27/08 Analysis - MasterCard Technical Analysis August 2008

The following is technical analysis on Mastercard ( MA ) 8/27/08.

Mastercard MA chart looks really ugly...a close below $230 would be very bad...but there are signs that MA has found support in the $230-$240 level. A close above $250 is what you really want to see....this would get me to go long. A close over $250 and a test of $270 and $290 would be near. These will be two very tough resistance levels and you will want to sell into this.
If Mastercard closes below $221 at any point....$200 would porbably be tested....this should hold unless some REALLY bad news would be out on this stock....I just can't see that being broken. Mastercard is a great company.
Copyright © 2008-2020 - daytradingstockblog.blogspot.com

Stocks to Buy 2020 - Click Here