Mastercard may fall to 413.00 - 419.00

Our pivot point is at 451.

Our preference

The downside prevails as long as 451 is resistance.

Alternative scenario

Above 451, look for 461 and 467.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 446.2575 and 448.7888).

Supports and resistances

467 **

461 *

451 **

446

440.11 (USD-last)

425

419 **

413 *

407 **

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