FX.co ★ Patterns #MA | Mastercard IncorpoRated Stock Price

The Bullish pennant pattern is formed on the #MA M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 452.32, a further uptrend is possible.

The Bullish pennant pattern is formed on the #MA M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 450.77, a further uptrend is possible.

The Triple Bottom pattern has formed on the chart of #MA M30. Features of the pattern: The lower line of the pattern has coordinates 447.69 with the upper limit 447.69/442.78, the projection of the width is 928 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 438.41, the price is most likely to continue the upward movement.

The Bearish Flag pattern has been formed on #MA at M30. The lower boundary of the pattern is located at 455.85/457.59 while the upper boundary lies at 457.85/459.59. The projection of the flagpole is 742 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 455.85 is broken, the price will move further downwards.

The Bearish pennant pattern has formed on the #MA M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 455.85; the projection of the flagpole height is equal to 742 pips. In case the price breaks out the pattern’s bottom of 455.85, the downtrend is expected to continue for further level 455.55.

The Bearish pennant pattern has formed on the #MA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 458.83; the projection of the flagpole height is equal to 444 pips. In case the price breaks out the pattern’s bottom of 458.83, the downtrend is expected to continue for further level 458.68.

According to the chart of M15, #MA formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 459.60/462.91 whereas the upper border goes across 466.28/462.91. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #MA will breach the upper border to head for 463.14.

The Triple Top pattern has formed on the chart of the #MA M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 460.98/461.82 with the upper limit 462.66/462.77; the projection of the width is 168 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 460.98, the price is most likely to continue the downward movement.

The Bullish pennant pattern is formed on the #MA M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 462.23, a further uptrend is possible.

The Double Bottom pattern has been formed on #MA M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 456.55 is broken. The further movements will rely on the width of the current pattern 394 points.