Date: 05/11/2009
Symbol: FISV
Company Profile: Fiserv, Inc. provides information management and electronic commerce systems and services, including transaction processing, electronic bill payment and presentment, business process outsourcing, document distribution services, and software and systems solutions primarily in the United States.
Sector: Technology
Industry: Business Software & Services
TRADING PLAN
Entry price: 40.50
Stop price: 39.25
Target area: 42.50-45 area
Chart explanation: For ideal risk setup it will be nice if FISV will stay in daily triangle few more day’s, but triangle what already formed look nice and I will look for breakout trade. On the weekly and monthly charts FISV have room for more upside move. It will be important to follow breakout pace, volume and CCI action. If we will see setup and weak pace on new high with lower CCI then risk for false breakout will increase. If you will have any question feels free to contact me. I will give all updates in trading room.
Symbol: FISV
Company Profile: Fiserv, Inc. provides information management and electronic commerce systems and services, including transaction processing, electronic bill payment and presentment, business process outsourcing, document distribution services, and software and systems solutions primarily in the United States.
Sector: Technology
Industry: Business Software & Services
TRADING PLAN
Entry price: 40.50
Stop price: 39.25
Target area: 42.50-45 area
Chart explanation: For ideal risk setup it will be nice if FISV will stay in daily triangle few more day’s, but triangle what already formed look nice and I will look for breakout trade. On the weekly and monthly charts FISV have room for more upside move. It will be important to follow breakout pace, volume and CCI action. If we will see setup and weak pace on new high with lower CCI then risk for false breakout will increase. If you will have any question feels free to contact me. I will give all updates in trading room.
Ivica Juracic
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