Mastercard may rise to 502.00 - 512.00

Our pivot point stands at 449.

Our preference

The upside prevails as long as 449 is support.

Alternative scenario

Below 449, expect 431 and 421.

Comment

The RSI is above 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 459.0775 and 450.5538).

Supports and resistances

523 **

512 *

502 **

492

466.44 (USD-last)

455

449 **

431 *

421 **

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