Fiserv: Trading Opportunities!Recently, the FI stock surged directly into our green Target Zone (coordinates: $186.40 – $207.40). This year alone, it has gained over 40%. With the recent arrival in our Zone, the time is now ripe for an overarching trend reversal. Because: by hitting our Zone, the price has reached the absolute minimum target for the green wave . From a technical perspective, an immediate trend reversal and a transition into wave II are now possible. At the moment, we place Fiserv in the turquoise wave 3, which should be followed by another dip below our Target Zone. Ultimately, the entire turquoise upward impulse should complete the overarching uptrend of the beige wave I. Thus, our Zone can be used to take profits from existing long positions or to initiate new short trades. Such potential short positions can be hedged with a stop 1% above the 78.60% retracement level (at $207.40).
Fiserv
Fiserv: At the crossroadsWe primarily expect Fiserv to drop into magenta Target Zone between $134.54 and $120 as part of the same-colored wave (2). Investors could then open long positions there, with stops placed around 1% below the lower edge. Subsequently, we expect a rise above the resistance at $165.28. We consider an earlier break of this level to be 37% likely. In this case, however, it would only be the magenta-colored wave alt. (1).
Caution: Expect FI (Fiserv) to Sell OffThe fundamentals are looking great for FI no denying that. However, we have a text book 4th wave triangle you can see on the chart then with a thrust into a 5th wave. We have met the measured target of Wave A of the triangle = Wave 5. It's also interested to note a lot of top insiders have been selling at these prices. Also, not shown is monthly divergence, which is expected in a 5th wave. Expect prices to move to at least below Wave 4 around $109 or lower. Once a wave A sell off happens we can project for a wave C projection before prices could move up.
Fiserv: Time to Descend 🧗🏽♀️The price of Fiserv should have recently placed the high of the magenta-colored wave (1). We now expect the magenta target zone to be reached between $134.54 and $120. Within this range we expect the low of the same-colored wave (2). We consider it 37% likely that a higher high of the magenta-colored wave alt. (1) will occur.
Fiserv: Ready for the descent 🛝Fiserv has retreated a little since last Thursday. We now consider the high of the turquoise-colored wave B to be in place and expect a sell-off to below $120 in order to complete the magenta-colored wave (E). A drop below the $130.74 mark should provide important downward momentum along the way. However, the 30% probable alternative still needs to be considered. This option would shift the high of the turquoise-colored wave alt.B slightly higher.
Fiserv: Soon… ☺️Soon, Fiserv should reach the magenta colored zone between $134.09 and $140.81 and complete wave (B) in magenta – there is only little difference in altitude left. Once this top is placed, the share should turn downwards, heading for its next goal: the southern magenta colored zone between $108.96 and $89.26, where wave (C) in magenta and wave 4 in green should end. From there, wave 5 in green should carry Fiserv to the final top of wave I in gray, concluding an overarching upwards movement. There is a 33% chance, though, that the share could leave the next magenta zone on the upper side, developing wave alt.I in gray earlier already and thus cold-shouldering the magenta zone in the south.
Fiserv: Channel Your Energy 🪫🔋Fiserv is making use of our pink trend channel, where it has last finished wave (D) in magenta. Already, the share is on its way downwards to develop wave (E) in magenta as well as wave E in green, which should end at the channel’s lower edge. This low should then provide enough energy to lift the course above the resistance at $127.34. A 33% chance remains, though, that Fiserv could slip below the support at $87.03, thus triggering further descent. In that case, the share should expand wave alt.II in gray into the gray zone between $62.53 and $26.76 before moving upwards again.
BKKT Retracement Completed. New Price TargetsAfter a run to 50.80, now BKKT did a complete retracement and gives you the opportunity to ride it once again!
Cryptocurrency exchange Bakkt has a partnership with Mastercard to offer crypto debit and credit cards.
Thanks to Mastercard and Bakkt, businesses and banks will be able to issue their own branded crypto debit and credit cards to consumers who want them.
Bakkt also announced a separate deal with Fiserv .
Gavin Michael: “We want to provide consumer choice. We want to be able to provide the availability to use crypto currency in an everyday transaction,”
Bakkt also partnered with Google to allow its users to purchase goods and services using cryptocurrencies through the Google Pay wallet.
My short term price targets are: 11.60, 16.80 and even 27.60usd.
Looking forward to read your opinion about it.
BKKT vision is to connect the digital economyBakkt taps into the $1.6+ trillion of digital assets across cryptocurrencies, rewards and loyalty points, gaming assets, gift cards and beyond.
BKKT allows consumers to aggregate digital assets, access liquidity and trade, transfer and pay however they want.
Cryptocurrency exchange Bakkt announced a partnership with Mastercard to offer crypto debit and credit cards.
Thanks to Mastercard and Bakkt, businesses and banks will be able to issue their own branded crypto debit and credit cards to consumers who want them.
How big do you think this can be?
Bakkt's also announced a separate deal with Fiserv .
Gavin Michael: “We want to provide consumer choice. We want to be able to provide the availability to use crypto currency in an everyday transaction,”
Is this the start of crypto adoption or what?
Bakkt also partnered with Google to allow its users to purchase goods and services using cryptocurrencies through the Google Pay wallet.
Buying BAKKT in this area looks like a great opportunity in my opinion!
My price targets are: 17usd short term, 26usd mid term, an 35usd by the end of 2022.
BKKT depends much on the adoption. in the most favorable scenario, we can see a spike to $60 anytime now.
$FISV Fiserv Inc - Bullish Pennant, Bullish Options Flow$FISV Fiserv Inc - Bullish Pennant, Bullish Options Flow
Getting coiled fairly tightly in this long term bullish pennant on the daily chart. Monitor for a break and close outside the triangle.
Bullish options flow today with over 31k $105.00 strike Jan'2022 calls traded for a total premium outlay of about $48M. Open interest coming into the day at this strike was under 150. The 31k contracts represent a 226x open interest trade.
Medium term target: $110.00 by next ER early November
An interesting fundamental note from Businesswire.com published today regarding Fiserv:
"Fiserv, Inc. (NASDAQ:FISV), a leading global provider of payments and financial services technology solutions, alongside Amazon and ExxonMobil, announced today that "Alexa, pay for gas" is now live at more than 11,500 Exxon and Mobil stations in the United States. Beginning today, consumers with Alexa-enabled vehicles, devices like Echo Auto, or the Alexa app on smartphones can simply say, pay and be on their way when they fuel up at an Exxon or Mobil station.
When customers pull up to the pump and say, "Alexa, pay for gas," Alexa will confirm the station location, pump number, and then activate the pump."
FISV Fiserv Upside Potential 25% gainFiserv, Inc. engages in the provision of financial services technology. It operates through the Payments, Financial, and Corporate and Other segments. The Payments segment primarily provides electronic bill payment and presentment services, internet and mobile banking software and services, account-to-account transfers, person-to-person payment services, debit and credit card processing and services, payments infrastructure services, and other electronic payments software and services.
The company is expected to report second-quarter earnings per share (EPS) of $0.93 and revenue of $3.32 billion on August 5. Goldman has a Conviction-Buy $125 price target on the company’s stock.
Robert W. Baird Boost Price Target to Outperform targeting $134.00 ➝ $135.00
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
FISV Has MACD/Volume Oscillator Negative DivergenceFISV had a MACD/Volume Oscillator divergence pattern prior to the retracement. The negative divergence has increased during the bounce.
FISERV, INC. (FISV): All The Pivots, Supports & ResistencesFind Winning Trades In Seconds >> efcindicator.com (Special Discount)
FISERV, INC. (FISV): All The Pivots, Supports & Resistences