Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $72.00 short call and a strike $77.00 long call offers a potential 13.38% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.00 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $4.41 would be incurred if the stock rose above the $77.00 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 34.21 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's Prom Spending Numbers Show Double Digit Decline
Thu, 10 Apr 2014 19:22:00 GMT
Business events scheduled for Friday
Thu, 10 Apr 2014 17:52:29 GMT
How Does GDV Affect MasterCard's Volume Based Business?
Thu, 10 Apr 2014 17:46:00 GMT
Visa and MasterCard May Have Just Opened the Floodgates to Competition
Wed, 09 Apr 2014 11:15:58 GMT
Visa Loses ‘World's Top Debit Card' Ranking To China
Tue, 08 Apr 2014 18:15:00 GMT
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