Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $360.00 short put and a strike $350.00 long put offers a potential 40.85% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $360.00 by expiration. The full premium credit of $2.90 would be kept by the premium seller. The risk of $7.10 would be incurred if the stock dropped below the $350.00 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 57.32 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
Wise boss Kristo Kaarmann on ‘cool' listing that will turn customers into investors
Fri, 18 Jun 2021 07:00:52 +0000
Kristo Kaarmann, Wise's chief executive and co-founder, spoke to Yahoo Finance UK about his business's plans to go public through a direct listing in London.
MasterCard (MA) Gains As Market Dips: What You Should Know
Thu, 17 Jun 2021 21:45:09 +0000
MasterCard (MA) closed at $367.29 in the latest trading session, marking a +0.95% move from the prior day.
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Thu, 17 Jun 2021 15:30:23 +0000
In this article we discuss the 12 best cryptocurrency stocks to invest in 2021. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Cryptocurrency Stocks to Invest in 2021. Bitcoin, the most popular cryptocurrency in the world that has registered a sharp decrease in price over the […]
Mastercard (MA) Ties Up to Launch Initiative, Boosts Startups
Thu, 17 Jun 2021 14:01:02 +0000
Mastercard (MA) joins forces with other small business providers for initiating Launchpad America. It intends to bolster growth prospects of several startups with necessary resources and tools.
Fintech Companies To Buy: Marqeta Launches IPO, Klarna Valuation Jumps, Stripe The Big One
Thu, 17 Jun 2021 12:25:03 +0000
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