Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $177.50 short call and a strike $182.50 long call offers a potential 59.24% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $177.50 by expiration. The full premium credit of $1.86 would be kept by the premium seller. The risk of $3.14 would be incurred if the stock rose above the $182.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Mastercard is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Mastercard is bearish.
The RSI indicator is at 49.27 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Mastercard
Visa and Mastercard earnings: Will the card networks get back on the same path?
Wed, 25 Apr 2018 07:43:35 +0000
For years, Visa Inc. and Mastercard Inc. were viewed as somewhat indistinguishable, both benefiting from the same gradual shift toward card-based payments. Mastercard (MA) shares are up 54% over the past 12 months, while Visa (XNYS:V) shares are up 36%.
Visa Inc Stock Profits Still Look Untouchable in an Uncertain Future
Tue, 24 Apr 2018 14:33:49 +0000
Visa Inc (NYSE:V) was fintech before fintech was cool. Visa stock has benefited from the company's fintech leadership. Credit card processing, which began through banks and became an industry unto itself, has been insanely profitable since Visa itself went public in 2008.
Visa (V) Earnings to be Aided by Payment Transaction Growth
Tue, 24 Apr 2018 12:47:12 +0000
Visa's (V) Q2 earnings to buoy on an increase in payments volume and processed transaction growth.
Xerox (XRX) to Report Q1 Earnings: What's in the Cards? (Revised)
Tue, 24 Apr 2018 12:04:12 +0000
Decreasing demand for paper-related systems and unfavorable foreign currency movements may translate into lower first-quarter 2018 revenues for Xerox Corporation (XRX).
Bitcoin Today: Prices Flirt With $9,000 After Weekend Boom
Mon, 23 Apr 2018 21:00:00 +0000
Signs pointed to price strength in Monday trading after the No. 1 digital currency by market value surged over the weekend. Bitcoin prices soared as high as $9,000 on Sunday trading, capping a weekend of gains that saw the cryptocurrency climb to levels not seen since March 22. Trading volume also surged, reaching $8.4 billion Friday and $7.5 billion Saturday.
Related Posts
Also on Market Tamer…
Follow Us on Facebook