NEW BEARISH Plays

FISERV Inc. - FISV - close: 45.26 change: -0.47 stop: 47.26

Why We Like It:
FISV has been trading sideways in the $45-50 zone for six months. In the last few weeks the stock's trading has taken on a more bearish tone as the market corrected. The oversold bounce failed at the 50-dma. Now shares look poised to breakdown from this trading range. The recent lows were near $44.80. I am suggesting a trigger to open bearish positions at $44.70. If triggered our first target is $40.15.

Annotated chart:

Entry on  February xx at $xx.xx <-- TRIGGER @ 44.70
Change since picked:     + 0.00   			
Earnings Date          04/29/10 (unconfirmed)    
Average Daily Volume:       1.4 million  
Listed on  February 00, 2009