SIA Stock Bulletin: Mastercard (MA) (October 26, 2012)

SIA Charts Daily Stock Report (siacharts.com)

Mastercard (MA) - After a short stint in the Neutral zone in the SIAS&P100 Report, Mastercard (MA) has had an impressive February now in the 8th spot. Having now moved through its last target resistance point at $408.60, the next resistance level is at $451.12. Support is now at $385.03 and again at $335.19.

*** Although Mastercard did move down into the Neutral zone it did not trigger our technical stops and remained a valid holding.

Since we last looked at Mastercard (MA) 3 weeks ago, MA has moved onto new highs and is getting closer to its next target resistance at $505.46. Support is now at $440.03 and again at $390.74.

Green - Favoured Zone
Yellow - Neutral Zone
Red - Out of Favour Zone

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