Global Payments Inc. (GPN): ABOVE $116.80, with a $125.50 first target, a $140 second target, and a $107.25 stop loss. Confirmation Volume Area= 950K, Risk Rating= 4, Industry= Business Services

GPN TRADING TIP: Watch this VOLATILE formation as it sets up for another stage higher, while the market posts losses. Any further accumulation may break this stock higher, helping it take a run into ‘uncharted territory’. When reviewing new trading ideas for purchase, pay the price that coincides with your desired exit strategy; being patient by waiting for desired prices may drastically reduce trade risk. NOTE: consider bidding for wanted GorillaPicks; the markets generally charge for impatience.

Global Payments Inc. (GPN) rose $2.81, to $116.41 on a more than 75% increase in its recent average daily volume today! GPN provides payment technology and software solutions for credit cards, debit cards, electronic payments, and check-related services. GPN offers authorization services, settlement and funding services, customer support and help-desk functions, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and statements, online reporting, industry compliance, and payment card industry security services. It also provides an array of enterprise software solutions that streamline business operations of its customers in various vertical markets; and value-added services, such as analytic and engagement tools, as well as payroll services. In addition, GPN offers credit and debit card transaction processing services for various international card brands, including American Express, Discover Card, JCB, MasterCard, UnionPay International, and Visa; and non-traditional payment methods, as well as certain domestic debit networks, such as Interac in Canada. Further, it provides e-commerce and omnichannel solutions through Realex Payments, a European online payment gateway technology, as well as gaming solutions to licensed gaming operators. GPN serves customers in various industries comprising education, restaurant, event management, hospitality, retail, healthcare, convenience stores and petroleum, professional services, automotive, and lodging. It markets its products and services through direct sales force, trade associations, agent and enterprise software providers, referral arrangements with value-added resellers, financial institutions, and independent sales organizations in 30 countries of North America, Europe, the Asia-Pacific region, and Brazil.

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