Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $370.00 short put and a strike $365.00 long put offers a potential 40.85% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $370.00 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $365.00 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 63.79 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 (V) to Purchase Tink to Boost Open Banking in Europe
Thu, 24 Jun 2021 18:14:06 +0000
Visa (V) to acquire Tink to be part of the Open Banking innovation, which is being adopted by banks at an accelerated pace in Europe.
Is Visa Stock A Buy As It Expands Its Footprint In Europe?
Thu, 24 Jun 2021 14:14:57 +0000
Visa has a strong earnings track record and is making more moves in digital payments. Is the stock a buy right now?
Asian American Communities Hit Earlier and Harder by COVID-19
Thu, 24 Jun 2021 12:46:06 +0000
Lack of e-commerce hindered pandemic recovery for small businesses in Asian neighborhoods
2 Warren Buffett Stocks That Are Ready for the Reopening
Thu, 24 Jun 2021 11:24:00 +0000
Warren Buffett has built a multi-decade record of picking stocks that deliver great returns. Since taking over as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in 1965, shares have doubled the return of the broader stock market, thanks to Buffett's investing savvy. Two stocks in Berkshire's portfolio that look promising are RH (NYSE: RH) (formerly known as Restoration Hardware), and Mastercard (NYSE: MA).
Warren Buffett Has Gained More Than 1,000% in These 6 Stocks
Thu, 24 Jun 2021 09:51:00 +0000
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has developed quite the following on Wall Street. While there are a lot of reasons Buffett has been such a successful investor, his ability to spot businesses with clear-cut competitive advantages and his willingness to hold onto these stakes for very long periods of time have led to massive returns. Not taking into account dividend payments, the Oracle of Omaha is sitting on unrealized gains in the following six stocks of at least 1,000%!
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