Shares of MasterCard Inc., one of the largest US multinational companies that provide payment services, are moving in a corrective trend around 342.00.
On the daily chart, the price is holding above the resistance line of the global downward corridor with dynamic boundaries 268.00–338.00, trying to consolidate and continue to grow.
The four-hour chart shows that the upward movement has great potential for continuation, as the quotes almost reached the global high of August 15 around 360.00, consolidation above which will mean the final advantage in favor of the "bulls." However, in case of a reversal and the start of a decline, the trading instrument will retest the channel resistance line at 336.00.
Technical indicators keep a stable buy signal: fast EMAs on the Alligator indicator move above the signal line, and the AO oscillator histogram forms upward bars in the buying zone.