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You Might Not Like What's in the Cards for Mastercard

·2 min read
You Might Not Like What's in the Cards for Mastercard
In this article:
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The daily On-Balance-Volume (OBV) line has rolled over in July and suggests we are seeing a shift from aggressive buying to aggressive selling. The rising 40-week moving average line is not far below the price action and the line could get tested in the weeks ahead. The OBV line looks like it is edging lower and not leading the way on the upside.