Getting Technical and Bullish on MasterCard, Visa

MasterCard (MA) and Visa (V) are attracting bullish attention. Earlier today, Oppenheimer advised clients that both stocks were now rated Buy, up from Hold, because the recent consolidation has provided an attractive entry. “For MA, we’re viewing $82 as near-term support that extends down to $79,” writes Ari Wald, Oppenheimer’s chief technical analyst. “We’re encouraged [...]