Mastercard may rise to 472.00 - 478.00

435 is our pivot point.

Our preference

Short term rebound towards 472.

Alternative scenario

The downside breakout of 435 would call for 424 and 417.

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 share stands below its 20 and 50 day moving average (respectively at 445.7945 and 448.8272).

Supports and resistances

485 **

478 *

472 **

465

443.69 (USD-last)

439

435 **

424 *

417 **

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