Bookkeeping: Adding more Mastercard (MA)

I started rebuilding the position in Mastercard (MA) yesterday, (you can read the fundamental reasons in that post) - as the stock pulled back to its 20 day moving average. I wrote:

Technically, the stock has pulled back from a high of $169 a few days ago, to $155, or a 8% pullback. It is now sitting at its 20 day moving average and with the weakness in financials I would not be surprised to see a pullback to the 50 day which is just below $152 - not far from here. In the summer swoon the stock dropped to roughly $130 so I'd consider that the downside risk.

Well lookee here, the stock just hit $151.88. "Priceless".

I am adding 60 shares to the 110 shares I had, so an increase of 50% as the stock is now at a more serious support level. This does not mean the stock will turn on a dime, nor won't break support, but this agrees with my strategy of layering in and out of positions as we move into different support levels. This takes Mastercard up to a 2.25% position in the fund.

Long Mastercard in fund; no personal position