AnneTrader
Long

FISV in a comfortable uptrend

NASDAQ:FISV   FISERV INC
FISV             gapped up on the daily chart on 29 October on higher volume , but the breakout bar was bearish . However, the previous resistance had already been broken and the breakout held so the move up can be considered stable.

On the weekly chart a flag with a doji base also gives momentum to the upside a boost. The 50ma acted as support on the recent pullback (which was a little deeper than usual for this chart) along with the figure 60.

This may provide an opportunity to buy on the next breakout for Dynamic Traders.
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