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Mastercard 5 waves up complete? an UPDATE

06/30/2017 – bumped into purple (dashed) trend line w/ a monthly doji. Pause/indecision. Expect some consolidation and pullback but do think the upper target will still be targeted … ——————————————————————————————————————– 04/29/2017 – the levels shown in the post below held but created a 6-8 month triangle which exploded higher. Triangles are terminal from where they […]

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Mastercard 5 waves up complete? an UPDATE

04/29/2017 – the levels shown in the post below held but created a 6-8 month triangle which exploded higher. Triangles are terminal from where they explode (higher or lower) but this stock is really strong. Do I think we are still in a 5th wave – YES.  But, I would keep rolling w/ this until […]

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Mastercard 5 waves up complete?

Mastercard – what a great business model. you swipe the card and they get paid ..nice. that being said, sure looks like 5 waves complete w/ monster bearish divergence.  note the blue median line.  price has not closed below that on a monthly basis, if we do get that close, then this could accelerate to […]

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