trade_simply

MA LONG SWING. Entry on retracement

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NYSE:MA   Mastercard Incorporated
MA has been trending to the upside for quite some time. Although markets are way overbought there is still no sign of considerable weakness. Hence for a bullish setup MA is a good choice since this is a very strong performing stock. Feel free to adjust the stop protection based on your risk tolerance. Since there is no prior resistance area , a trailing stop or other techniques can be used to maximize profits. NOTE: Today's bullish candle needs to close solid bullish or blue on a chart for this setup to work better
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