Mastercard may rise to 495.00 - 505.00

Our pivot point is at 446.

Our preference

The upside prevails as long as 446 is support.

Alternative scenario

The downside breakout of 446 would call for 431 and 421.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 444.9495 and 446.6608).

Supports and resistances

514 **

505 *

495 **

486

462.02 (USD-last)

453

446 **

431 *

421 **

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