PORTFOLIO ALERT – MASTER CARD LONG POSITION ENTRY

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Online shopping is holding a rate of over 90% of credit cards transaction use and Master card is the biggest one out there.

Stock is looking good technically with the next resistance set at 365$ range, above last peak of all times.
Position is a LONG.
CFD contract (1lot = 100 shares).
Position size 10 lots = 1000 shares.
Position value is 338,000$.
Margin requirement is 5% from position value i.e 16,900$.
Free margin is 2% from position value i.e 6,760$.
Stop out rate 331.5$.
T.P at 365$.
Spread of 27$.
EST profit calculation 27$*1000 shares = 27,000$
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