Mastercard broke out today with a strong move. Visa tried to break out too, but failed to gain any momentum in a week market today. It is trading in a tight range for about a month with resistance coming in around $205. A break above that price will allow the stock to set new highs. I’m keeping my eye on this one.
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V Weekly Chart
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V Daily Chart
About Stock Trade Journal
The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders.
This blog is also a way to share my experiences and observations in the market.