Mastercard may rise to 465.00 - 469.00

441 is our pivot point.

Our preference

Short term rebound.

Alternative scenario

The downside breakout of 441 would call for 433 and 429.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the share stands above its 20 day moving average (447.848) but below its 50 day moving average (453.6384).

Supports and resistances

474 **

469 *

465 **

460

450.11 (USD-last)

444

441 **

433 *

429 **

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