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Stock Pick of the Day-Mastercard Inc.
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Sep 15, 2009

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Larry Swing

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Stock of the Day – Mastercard Inc (MA)

Close – $207.96

Strategy – Short

MACD – 3.90

RSI – 56.73

 

The stock is facing resistance in $208-$212 range. The stock is also witnessing lower volumes, which suggests there is not much buying conviction in the stock at current levels. Currently the stock is trading at the higher end of the trading band. Expect some weakness in the stock in coming few trading sessions.

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...thanks for the trust you've shown in me and my business.

by Larry Swing
larry@mrswing.com
May the swing be with you...

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C:208.3700

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