ContraryTrader

MA pullback due

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NYSE:MA   Mastercard Incorporated
Similar to my idea on Visa.

Most financial and cyclical stocks trading on the dow jones are overheated and over extended, not to mention the dow jones its self.

I think ma will pullback and test fibonacci area at 353. At this point we could either bounce and rally with earning season underway or we could head lower if q1 starts off ugly.

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