Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $270.00 short put and a strike $260.00 long put offers a potential 22.7% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $270.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $8.15 would be incurred if the stock dropped below the $260.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Mastercard is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Mastercard is bullish.
The RSI indicator is at 55.22 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
Facebook’s payments strategy isn’t Libra, it’s WhatsApp
Thu, 17 Oct 2019 08:00:58 +0000
Judging by the headlines from the last few weeks, you wouldn’t know that Facebook’s payments strategy is moving along just fine. Much of the last week has been dedicated to the slow crumbling of Libra, Facebook’s crypto project.
David Rolfe's Wedgewood Sells Longtime Holding Berkshire Hathaway
Wed, 16 Oct 2019 19:40:12 +0000
Guru laments over conglomerate’s performance in quarterly letter Continue reading…
India's Sitharaman: US trade pact a 'good possibility,' should come soon
Wed, 16 Oct 2019 18:53:02 +0000
As U.S. President Donald Trump hammers out a partial trade deal with China, Washington is moving forward on another front: India.
Can Facebook's Libra be a Winner in Emerging Markets?
Wed, 16 Oct 2019 12:54:12 +0000
Libra could be the ideal digital currency to benefit emerging markets owing to its technical expertise and secure blockchain technology.
Why Bitcoin's Market Power Is Fading as Crypto Ecosystem Matures
Wed, 16 Oct 2019 08:17:28 +0000
Bitcoin’s woes may have more to do with an expanding cryptocurrency ecosystem than the actual coin itself.
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