Mastercard may rise to 474.00 - 479.00

Our pivot point stands at 448.

Our preference

The upside prevails as long as 448 is support.

Alternative scenario

The downside breakout of 448 would call for 440 and 436.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 447.946 and 452.5374).

Supports and resistances

483 **

479 *

474 **

470

455.65 (USD-last)

451

448 **

440 *

436 **

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