Mastercard may fall to 421.00 - 426.00

Our pivot point is at 458.

Our preference

The downside prevails as long as 458 is resistance.

Alternative scenario

The upside breakout of 458 would call for 467 and 473.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 452.9735 and 463.6534).

Supports and resistances

473 **

467 *

458 **

454

445.08 (USD-last)

431

426 **

421 *

415 **

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