MasterCard (MA) – 01-24-2012

January 24, 2012 at 7:46 pm · Filed Under Bullish, Growth 

MA Weekly Chart

Usually a huge company like MasterCard isn’t such a stalwart on the IBD list, but both MA and V have been on and off the list a lot.  They’re both currently on the list, but I like the chart for MA more.  It’s currently at the bottom of the long term channel, so a nice move over something like $350 gives a nice 10% run with some upside.

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