MasterCard Incorporated, one of technology company who provides transaction processing and other payments related products in the US and international is on breather. Their services includes the processing of payment transaction, including authorization, clearing and settlement, as well as delivers related products and services.

Taking the look of the MasterCard (NYSE: MA) chart for 1-year below with the added notations:

Image Source

After going higher consistently for the past year, MA has taken a breather recently. Beginning of May the stock make a key level to watch at $120. That price act as both resistance and support.

Traders could enter the a long position on a test of $120.

Disclaimer: This is not a trading advice since I'm not in position to do so. Just sharing the news

Read more here:
http://wealthblueprintletter.com/ma-falls-to-120/?inf_contact_key=b08b32ab565d4bb884267ceeb94938617b2474429b1ad3121c14d22674d78bc0