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Mastercard Continues to Show Strength

Posted by Blain Reinkensmeyer
February 7, 2007 at 10:43 pm

Looking at Mastercard’s (MA) chart is a thing of beauty. Since its IPO way back at $39 in May of last year, the stock based out and broke out originally the first few days into August. Since then the stock has been on a tear, and with its recent progression seems to show it may be ready for another move up. Keep a close eye on Mastercard as its chart continues to show great stability and upward potential. A buying opportunity may present itself with a push past $113.08.