Hello, Traders!
Monfex is at your service and today we overview Mastercard .
The company has recently processed 28.2 billion transactions, which in dollar terms is about $ 1.7 trillion. And this is 22% more than a year earlier.
MasterCard says the number of transactions has grown thanks to the new click-to-pay payment technology. It allows you to make a purchase on the Internet in a couple of clicks.
Cyber-Monday (December 3) and Black-Friday are coming soon.
The predicted percentage of online sales is about 20%.
And the Mastercard does not belong to a small piece of this pie.
The price is very similar to moving in July-December 2018. There is also bearish divergence on RSI.
A good sign for continuation of growth will be a breakdown of a key resistance level.
If the price nevertheless will bounces down from the local zone of resistance, then MA200 can be taken as the target.
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Monfex is at your service and today we overview Mastercard .
The company has recently processed 28.2 billion transactions, which in dollar terms is about $ 1.7 trillion. And this is 22% more than a year earlier.
MasterCard says the number of transactions has grown thanks to the new click-to-pay payment technology. It allows you to make a purchase on the Internet in a couple of clicks.
Cyber-Monday (December 3) and Black-Friday are coming soon.
The predicted percentage of online sales is about 20%.
And the Mastercard does not belong to a small piece of this pie.
The price is very similar to moving in July-December 2018. There is also bearish divergence on RSI.
A good sign for continuation of growth will be a breakdown of a key resistance level.
If the price nevertheless will bounces down from the local zone of resistance, then MA200 can be taken as the target.
- The resistance zone ~ $284
- The local resistance zone ~ $280
- Market Cap
281.185B
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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