Mastercard may rise to 479.00 - 485.00

Our pivot point stands at 448.

Our preference

Short term rebound towards 479.

Alternative scenario

The downside breakout of 448 would call for 439 and 433.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands above its 20 day moving average (454.6815) but below its 50 day moving average (465.3224).

Supports and resistances

490 **

485 *

479 **

474

456.52 (USD-last)

452

448 **

439 *

433 **

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