Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $325.00 short call and a strike $330.00 long call offers a potential 49.25% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $325.00 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $3.35 would be incurred if the stock rose above the $330.00 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 37.27 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
Urban Impact, city Mastercard partner for #BuyBlackBham initiative
Thu, 02 Dec 2021 19:12:16 +0000
Birmingham-based economic development agency Urban Impact Inc. is leading a new partnership in the city to encourage holiday shopping at local, Black-owned businesses. Urban Impact, the city of Birmingham and New York-based Mastercard Inc. (NYSE: MA) are partnering on #BuyBlackBham, a holiday spending campaign and economic impact platform, according to a news release. Until Jan. 1, Birmingham customers can upload receipts to buyblackbham.com to qualify for raffle drawings for prizes.
Jack Dorsey's Square rebrands its name to Block
Thu, 02 Dec 2021 15:34:37 +0000
Yahoo Finance Live anchors examine Square's decision to change its name to Block in a nod to Jack Dorsey's intentions to expand the company into blockchain ventures.
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