MasterCard: ⬆️ Buy
– MasterCard reversed from support area
– Likely to rise to resistance level 520.00
MasterCard recently reversed from the support area between the support levels 500.00 and 490.00 and the lower daily Bollinger Band.
The upward reversal from this support zone stopped the previous sharp downward impulse wave iii of the C-wave from January.
Given the strength of the aforementioned support area, MasterCard can be expected to rise to the next resistance level 520.00 (former monthly low from January).