Ticker Tape by TradingView
I began this analysis not even looking for the correlation between these two companies' stock prices. But rather I was looking for some chart patterns using a stock screener. At the top of the list, these two companies emerged. As usual, I was going to go through the stock charts of all the companies in the list briefly to determine if they hold any chart pattern merit.
However, as I scanned over Visa, and then Mastercard, I noticed they looked extremely similar. Weird. I then opened up Tradingview and put these stocks in. Side by side they look the same. Here are the charts below. Solely look at the price movement - can you tell me which one is Visa, and which one is Mastercard?
0 Comments
10/5/2022 0 Comments Will Bitcoin Get to $1 Million?Highlights
22/3/2022 0 Comments Four Double BottomsIn this report, I will be analysing four double bottom formations. I will be looking at the correlations with their sectors and be giving price targets.
4/3/2022 0 Comments A Trading RetrospectiveIn this report, I will be discussing the lessons learnt from trading the assets that I mentioned in my previous reports about the Russia/Ukraine Crisis.
In this report, I will be analysing the effect on the Russian invasion into Ukraine on oil prices – specifically Brent Crude Oil. The reasons are simple. Russia has invaded Ukraine. This will inevitably lead to some volatility in the commodities markets. Oil is the most traded commodity. If this war continues, regardless of whether you believe it is too late to buy some oil futures, it will pay to make sure you understand the oil market, because you can therefore profit from any further political instability and volatility.
|