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.