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.
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.
