MasterCard ($MA) has been lagging behind its competitors in many areas in the market. More importantly, in the areas of innovation and new markets, it is now facing competition not just from traditional competitors like VISA but also the likes of PayPal, AliPay etc. The chart shows a bullish run up of MasterCard with good… Continue reading MasterCard ($MA) : Bearish Tweezer Top
Twitter ($TWTR) gap down on reports that its user base growth is slowing down. On the Ichimoku chart which is hardly form, this is probably the typical post IPO selloff. Should it have a counter-trend rally, the leading kumo forms a resistance at around $56.77
$NFLX has bounce off the lows of $52 twice and seems ready for a rebound. However, on the Ichimoku chart, it is stil in Bearish territories. Couple of resistance ahead. 1. Huge gap resistance formed back in July 2. Chikou Span resistance at around $65 3. Immediate resistance from the Tenkan sen at $57 to… Continue reading $NFLX . Will it go above $65 again?