Mastercard may fall to 414.00 - 419.00

Our pivot point is at 452.

Our preference

The downside prevails as long as 452 is resistance.

Alternative scenario

The upside breakout of 452 would call for 461 and 467.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 447.878 and 451.1112).

Supports and resistances

467 **

461 *

452 **

448

444.65 (USD-last)

424

419 **

414 *

408 **

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