Stocks

MasterCard powers up - Analysis - 11-02-2019

2019-02-11 12:53:42 GMT (Economies.com)

MasterCard's stock muscled up 1.22% in the last session, or 2.61 points, with positive pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms, while venting off overbought saturation in the RSI. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 225.,35, as long as it settles above 209.91. 

 

Expected trend for today: Bullish 

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