Mastercard may rise to 504.00 - 515.00

Our pivot point is at 452.

Our preference

The upside prevails as long as 452 is support.

Alternative scenario

The downside breakout of 452 would call for 433 and 422.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 451.604 and 448.5618).

Supports and resistances

526 **

515 *

504 **

492

468.88 (USD-last)

459

452 **

433 *

422 **

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