Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
MasterCard's stock (MA) kept rising in the intraday levels, scoring a fresh profit of 0.29% in the last session, or 0.59 points, and readying to tackle the pivotal resistance of 204.00, amid the dominance of the main upward trend in the medium and short terms, with positive signals from the Relative Strength Index, coupled with positive pressure from the 50-day SMA.
Therefore we expect more gains for the stock, provided the resistance of 204.00 was breached, targeting the next one at 210.66.