Mastercard (US: MA) has been ranging after prices recovered from the dip in March 2020. Recent technicals indicate that the stock is poised for a break out from the corrective range:
*Timeline of the trade is 3 weeks from the date issued.
*Should US$400.00 be broken, we can confirm that the upside is an impulsive move up.
Red dotted line = 200 Periods Moving average
Blue dotted line = 50 periods Moving average