MA a bright spot in the market today
I like MA long on a pull back to the green box or break of the recent high. Very strong today early but suffered some selling later when the indexes retraced. MA should benefit from the re opening theme. They have also recently add Crypto to the mix by saying that they plan to facilitate transactions in BTC. BTC is strong right now so that may be and extra catalyst as well as the expected spending due to the recent stimulus package.
Note
Got a couple modest pull backs into the 373 zone so I started a position. Targeting 390/395Note
Coming into the 390 zone now. I will trim in this zone.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.