Stock pick for 12/21/2011
FIS - long
Technical view: Another bear trap and I like daily cup and handle. I will look for buying continuation and run to previous high or 200sma daily resistance area. Monday volume is higher and I will use intraday consolidation for trading plan. There are more similar charts, but I really don’t feel comfortable when to many charts are same and in that case I feel that some trick is around and because of that reason what trade I will take or not depends on bigger time frame charts and room for possible action
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