Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $350.00 short put and a strike $340.00 long put offers a potential 17.37% 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 $350.00 by expiration. The full premium credit of $1.48 would be kept by the premium seller. The risk of $8.52 would be incurred if the stock dropped below the $340.00 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 65.84 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
Mastercard Committed to Working With Amazon: Froman
Thu, 18 Nov 2021 03:06:56 +0000
Michael Froman, vice chairman and president of strategic growth at Mastercard and former U.S. Trade Representative, discusses U.S.-China relations, doing business in China and the company's dealings with Amazon. He speaks on “Bloomberg Markets: China Open” from the sidelines of the 4th annual Bloomberg New Economy Forum in Singapore.
Mastercard Advances Global Open Banking Capabilities With Close of Aiia Acquisition
Wed, 17 Nov 2021 21:30:00 +0000
PURCHASE, N.Y., November 17, 2021–Mastercard (NYSE: MA) today announced it has completed its acquisition of Aiia, a leading European open banking technology provider that offers single and secure API access to banks and fintech companies, and enables users to easily perform account-to-account payments. Aiia further advances Mastercard’s existing distribution channels, technology, data practices and global multi-rail and open banking strategy.
Why Visa Stock Dropped Today
Wed, 17 Nov 2021 20:37:47 +0000
Shares of Visa (NYSE: V) fell on Tuesday after Amazon.com (NASDAQ: AMZN) told its customers they would no longer be able to pay with credit cards issued by the payment processing titan in the U.K. beginning next year. As of 3:30 p.m. ET, Visa's stock price was down more than 5%. Amazon claims that Visa's recently increased transaction processing fees are leading to higher prices for online shoppers, at a time when inflation already poses a serious threat to the economy.
Why Shares of Mastercard Are Falling Today
Wed, 17 Nov 2021 18:18:24 +0000
The likely reason for the decline appears to be linked to news about one of Mastercard's rivals.
Is Visa Stock A Buy After Amazon Plans To Nix Its U.K-Issued Credit Cards?
Wed, 17 Nov 2021 18:16:57 +0000
Visa has a strong earnings track record and is making more moves in digital payments. Is the stock a buy right now?
Related Posts
Also on Market Tamer…
Follow Us on Facebook