Fair Isaac Corporation (FICO.US) - Daily
Our expectations: Long-term upward trend and price after correction to key levels of support, convenient to add or initially build a long position. SL: 220.00.
Alternative scenario: If the price moves below the support area, the positive scenario will be spoiled and more likely to see a decrease in the value of the shares.
Commentary - Long-term upward trend and price after correction to key support level formed by major upside-angle, horizontal, internal diagonal, 23.6% Fibonacci correction of the main trend and 50SMA. Price Action - Bullish interior bar at levels of support - positive for the price. CCI14 crosses -100 from bottom up while CCI50 remains above 0 - probable end of corrective movement and start of new upward wave.
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25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
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Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
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