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) rose in the intraday levels, scoring a new profit of 1.07% in the last session, or 1.62 points, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the RSI, as the stock readies to tackle the important resistance of 154.47.
Therefore we expect more gains for the stock, provided it pierces the resistance of 154.47, targeting the next one at 163.24.