Mastercard is back to its 200 Day MA now and the 50 Day MA is about to squeeze the price action in between both of these moving averages, this could set up $MA nicely for a breakout to the upside and continue moving higher to complete our Wave 3, at the 1.618 Fib at $603....this would be a +30% gain from here, although it would likely take over 12 months to complete.
However, its slow and steady and the chart has been solid for us over the last 12 months.
Gareth Neary
2024-06-17 20:06:15 +0000 UTCAlex
2024-06-17 20:02:59 +0000 UTC