Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 21.65% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $4.11 would be incurred if the stock rose above the $80.00 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 42.78 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
[$$] MasterCard CEO Cautious on U.S. Recovery, Despite Profits
Fri, 01 Aug 2014 02:47:19 GMT
The Wall Street Journal – MasterCard Inc.'s chief executive offered a cautious view on the U.S. economic recovery, even as the payments giant reported its second-quarter profit rose 9.8% amid strong volumes.
[$$] AmEx CEO Testifies at Antitrust Trial
Thu, 31 Jul 2014 19:17:42 GMT
Stocks Run Red As Argentina Default, Portugal Bank Blow Add To Concerns
Thu, 31 Jul 2014 15:55:00 GMT
MasterCard Earnings Top On Higher Transaction Volume
Thu, 31 Jul 2014 14:49:00 GMT
Unusual Social Activity Today Around MasterCard (MA)
Thu, 31 Jul 2014 14:44:00 GMT
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