SIA Charts Daily Stock Report (siacharts.com)
The SIA Daily Stock Report utilizes a proven strategy of uncovering outperforming and underperforming stocks from our marquee equity reports; the S&P/TSX 60, S&P/TSX Completion and S&P/TSX Small cap We overlay these powerful reports with our extensive knowledge of point and figure and candlestick chart signals, along with other western-style technical indicators to identity stocks as they breakout or breakdown. In doing so we provide our Elite-Pro Subscribers with truly independent coverage of the Canadian stock market with specific buy and sell trigger points.
MASTERCARD (MA) NYSE - Dec 13, 2012 (SIA Daily Stock Report)
GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone
MASTERCARD (MA) NYSE - Dec 13, 2012 (SIA Daily Stock Report) - Since we last updated Mastercard (MA) 7 weeks ago, MA has moved up almost 8% (while the S&P 500 is up a little over 1%) and is now closing in on its next target resistance level at $505.46. Support is now at $448.83 and again at $406.52.
*** Since moving in to the Favored zone in the SIA/S&P100 Report back in June 2011, MA has remained a valid holding and is up over 60% during this time. The S&P 500 is up a little over 8% over the same time frame.
After a short stint in the Neutral zone in the SIA/S&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 updated Mastercard (MA) 7 weeks ago, MA has moved up almost 8% (while the S&P 500 is up a little over 1%) and is now closing in on its next target resistance level at $505.46. Support is now at $448.83 and again at $406.52.
*** - Since moving in to the Favored zone in the SIA/S&PlOO Report back in June 2011, MA has remained a valid holding and is up over 6G% during this time. The S&P 500 is up a little over 8% over the same time frame.
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