22.09.202215:08 Forex Analysis & Reviews: MA stock price reaches our target.

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Red line- resistance

Green line - support

When MA stock price was trading around $365 we warned traders that the descending bearish triangle pattern and the rejection at the upper triangle resistance, would lead to a move back towards the support of $306-$300. Back in August our analysis warned traders of the increased chances of such a pull back towards $300. A break below the green horizontal support trend line would be an important bearish signal that could push price towards $200. If support holds, it is very likely that bulls manage to push MA stock price towards the red resistance trend line at $340-45.

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