Mastercard Incorporated (MA), provides transaction processing & other payment-related products & services in the United states & internationally. The company offers payment related products to integrated products & value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments & other organizations. It is headquartered in New York, comes under Financial Services sector & trades as “MA” ticker at NYSE.
As expected from the previous article, MA broke to new high in weekly sequence as the part of (3) of ((3)) of I. It should remain supported in 3, 7 or 11 swings pullback to see further upside in I of (III).
MA – Elliott Wave Latest Weekly View: 
It ended (I) at $401.50 high as impulse sequence from the all-time lows in April-2021 high. Below there, it placed (II) correction as double three structure at $276.87 low. Within (II) correction, it placed w at $306 low in November-2021 & x connector at $399.92 high in January-2022. Finally, it ended y of (II) at $276.87 low in October-2022 low. Above there, it already broke above (I) high, favoring upside in I of (III).
MA – Elliott Wave View From 7.03.2023: 
It placed ((2)) of I at $340.21 low & (2) of ((3)) at $359.77 low. It ended (3) at $490 high as 1.618 Fibonacci extension & appears ended (4) at $452.58 low. Above that, it favors upside in (5) of ((3)), which confirms above $490 high & can extend towards $499.4 – $514 area to finish ((3)) of I. Alternatively, if it breaks below $452.58 low, it can extend (4) correction before turning higher. We like to buy the pullback in 3, 7 or 11 swings at extreme areas, when reached.
Elliottwave Forecast updates 1-hour charts four times a day & 4-hour charts once a day for all our 78 instruments. We do a daily live session, where we guide our clients on the right side of the market. In addition, we have a chat room where our moderators will help you with any questions you have about what is happening in the market at the moment. You can try us for 14 days for only $9.99.
Back