MA - New addition to my portfolio
I was waiting for some time to get back into Mastercard and Visa and, Friday I decided to start accumulating MA and added shares at $495 to my account. For a longer view, I would like to invest more in MA and eventually VISA.
I know that the are some headwinds for MA but I take this drop as an opportunity to get in.
From the valuation perspective, all ratios are below the the 5 and 10 years averages... even below 15years average.
From the technical perspective, is looking even better:
-between 100 and 200 weekly EMA
-200 EMA was reached or break only 2 times in the last 20 years and only for short time
-my next levels big levels to consider are ~470 and ~400 if goes to that level
-weekly RSI never hit twice the 30% level in a short time and I bet on a slowly rebound in next weeks
-if the stock drops, I am willing to make the stock 5-7% of my portfolio
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MA - New addition to my portfolio
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