Mastercard may rise to 484.00 - 490.00

Our pivot point stands at 451.

Our preference

Short term rebound.

Alternative scenario

Below 451, expect 440 and 434.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the stock is trading above its 20 day moving average (454.777) but under its 50 day moving average (466.188).

Supports and resistances

496 **

490 *

484 **

477

458.87 (USD-last)

455

451 **

440 *

434 **

Number of asterisks represents the strength of support and resistance levels.