FISV daily July 22nd
FISV will be added as an aggressive short entry here around the 62.40 level (current price is 62.42 as I type) near the top of this wedge pattern as well as a Trade Setup for a more conventional entry or add-on to an existing position if/when prices break below the bottom of the pattern (primary uptrend line). Suggested stop for this aggressive entry above 64.00. My plan is to take a partial position here, only bringing to a full position if & when prices break below the pattern.
Note: FISV is schedule to report earnings after the close next Tuesday, July 29th. One more reason for more conservative or conventional swing traders to wait for a confirmed break below the wedge pattern before establishing a position.
click here to view the live, annotated chart of FISV