Fiserv (FISV) Crosses Pivot Point Resistance at $52.13
SmarTrend has detected shares of Fiserv (NASDAQ: FISV) have bullishly opened above the pivot of $51.22 today and have reached the first resistance level of $52.13.
We are watching for a cross of the next upside pivot targets of $52.61 and $54.00. Also, the shares are currently trading above the 50-day moving average of $48.54 and above the 200-day moving average of $48.79.
SmarTrend, our proprietary pattern recognition system, alerted subscribers to buy shares of Fiserv on July 28, 2010 at $48.44. Since the call, the stock has risen 7.8%.
Write to Chip Brian at cbrian@tradethetrend.com
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