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$MA - 5-count Breakout with Pending Catalyst
Mastercard Incorporated
Long
$MA - 5-count Breakout with Pending Catalyst
By willoptions
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Updated
Dec 30, 2020
1
5
1
1
Dec 29, 2020
Has recently broken out of a wedge with internal 5-count started in early November on news of stimulus passing.
A larger stimulus payment would be very bullish for
MA
- likely enough to take it to & through ATH of ~$367.
Below are my targets & extended targets.
Entry:
Either re-test of Wedge ($342) or Break above $348.21.
TG1:
$355
TG2:
$363
Extended TG3:
$370
Extended TG4:
$380
Invalidated:
<$330
Like & follow if you enjoy my work :)
Dec 30, 2020
Note
Target 1 🎯 hit
Elliott Wave
Fibonacci
financials
spending
stimulus
Wedge
willoptions
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