Mastercard reached it's wave 5 target, correction has started

6 Oca 2016

Mastercard seems to have completed a 5 waves rise since 2006. Therefore we are expecting a 3 waves process correction over the next few months or years starting with a wave A with a target around $79.

*Disclosure: I am short MA at the moment of this publication. This is only an idea and shouldn't be taken as an investment advice.