MasterCard chalks up another loss - Analysis - 19-10-2018

MasterCard's stock fell in the intraday levels, recording a new loss of 1.81% in the last session, or 3.76 points, with negative pressure from the 50-day SMA, while hurt by exiting an ascending price channel earlier in the intraday levels, countered with positive signals from the RSI. 

Therefore we expect more losses for the stock, targeting the support of 196.20, as long as the resistance of 209.70 holds on. 

Expected trend for today: Bearish