MasterCard tries to rebound - Analysis - 23-02-2018

Economies.com
2018-02-23 12:44PM UTC

MasterCard's stock (MA) rose in the intraday levels, scoring a profit of 0.37% in the last session, or 0.63 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, readying thereafter to target the resistance of 177.34. 

 

Therefore we expect more gains for the stock, especially if the resistance of 177.34 was breached, targeting the resistance of 189.53. 

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