MasterCard gathers positive momentum - Analysis - 22-09-2017

Economies.com
2017-09-22 13:35PM UTC

MasterCard's stock (MA) fell in the intraday levels, registering a loss of 0.37% in the last session, or 0.52 points, as the stock attempts to gather positive momentum to help it rise anew and tackle the resistance of 143.61, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms. 

 

Therefore we expect the stock to return higher, provided it pierces the resistance of 143.61, targeting the next one at 150.09. 

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