Thursday, September 20, 2007

TD Sequential Buy of the day: Fidelity National Info Serv (FIS)

The above chart looks like a nice TD Sequential Buy. It perfected its buy on 9/18/07 and has a stop loss of 42.89. I know nothing about the company but look at the longer term chart below and you will see that the price is coming into support and looks to have finished a retracement.

On an interesting note, Credit Suisse issued an "outperform" rating on 9/19/07. I wonder if the analyst uses TD Sequential signals also?

I'll check in on this pick later.

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