Back to the uptrend channels I mentioned earlier and another one Misys and this time a break through the upper ceiling of the channel which should hopefully kick of another upleg. MACD rather bullish on the lower indicators.



Targeting move up to 250p resistance on the long term chart.....

Misys +51pc

Banking software group, Misys, finished May with a flourish.

After a dramatic few months saw bidders enter the fray and then walk away, Misys finally agreed to a £1.29bn takeover by Vista Equity Partners in March.

With the deal complete, Misys left the London Stock Exchange on Friday, with its shares up 51pc from where they ended last year.

Private equity firm Vista said in March that it would pay 350p-a-share for Misys, seeing off a bid from rival CVC , which pulled out of the race to buy the FTSE 250 business. The deal came after talks for an all-share merger between Misys and Switzerland’s Temenos collapsed in March.