MA Stock Price Is Compatible To Bearish Scenario

USD Stable as Oil Prices Rebound Ahead of US CPI Report Release

Relevance up to 14:00 UTC+2

Red line- upper triangle boundary

Green line- lower triangle boundary

In previous posts we warned bulls in MA stock to be careful as a rejection at the resistance around $360 could lead to another pull back towards $300. The descending triangle pattern we have noted since earlier posts, is so far following the bearish scenario. Price tests the upper triangle boundary, gets rejected and turns lower towards the lower triangle boundary. In this case the lower triangle boundary at $300 is getting closer. We continue to expect MA stock price to move towards the green support line around $300. We remain bearish as long as price is below the red trend line resistance.

Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Source: Forex Analysis & Reviews: MA stock price repeating pattern under play.

USD Stable as Oil Prices Rebound Ahead of US CPI Report Release

InstaForex Analysis

Instant Trading EU Ltd. is the CFD broker operating under the brand, regulated by CySec with license number 266/15.

Besides CySEC, Instant Trading EU Ltd. is also supervised by the Czech National Bank (CNB), the Slovak National Bank (SNB), and the Polish Financial Supervision Authority (KNF). has branches in the Czech Republic, Slovakia, and Poland, where it provides support in local languages. is a member of the Investor Compensation Fund (I.C.F) which is an additional security for the client's funds. offers access to around 2,500 instruments (CFDs in Stocks, ETFs, Indices, Commodities, Forex, Cryptocurrencies, US Synthetic Stocks) and the MT4 and MT5 platforms,trading accounts in EUR, USD, PLN, CZK, GBP.

More information at:


Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69,34 %. of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.