Mastercard may rise to 468.00 - 474.00

Our pivot point stands at 437.

Our preference

Short term rebound towards 468.

Alternative scenario

The downside breakout of 437 would call for 428 and 422.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 448.068 and 450.348).

Supports and resistances

479 **

474 *

468 **

462

446.24 (USD-last)

441

437 **

428 *

422 **

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