Eyeing MasterCard

As we finally start to see a nice healthy correction in the stock indices, the question that's always asked is whether this is a buying opportunity. In some individual stocks, I believe it is.

With that in mind, MasterCard (MA) is one of the names I'm stalking at the moment. It is a little bit of a crapshoot, given Friday morning's unemployment figure, but I see two standout price support clusters on the daily chart. The stock is already testing the first zone at $553.78 to $557.35 area, and the second zone comes in at $549.75 to $550.30....232 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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