ACN
ACN Bullish 10/19A closing candle above a level will go to the next level.
Levels of resistance are: $233 - $235 = $239
I linked my idea from the previous week which went according to plan.
hopefully this week will be the same.
As always I look forward to your comments for or against this idea. Have a good week.
ACN Short in Q4Accenture reached it's all time high $247.40
in September, but after earnings fell Q4 price
declined to $214. Price can follow this trend
down to $191.17 (Support by Fibo 23/all time).
But ACN gained some investments do there
positive expectations for the long term
ACN Rising Volume in RetracementACN bounced up off of support for swing trading and is showing stronger upside volume. Profit-taking started as the stock reached a new all time high.
ACN set to plummet more!ACN formed a head and shoulders pattern at the very top, it's been on a bull run ever since it was listed. It's due a big correction and it looks like it has began. Expect it to hit around 120 in the near future.
ACN Breakout TradeACN has been a strong uptrend on for the last 6 months. Prices are current consolidating between Darvas levels $145.75 and $148.60. In addition to the strong trend, the chart has a clear WAVE (34ema H/L/C) and Propulsion Dots.
Overall market trend is still up and with trend direction. Earnings will be report 12/21/17, so we will need to be aware of volatility and be prompt in taking profits.
I will play a breakout of the upper Darvas level at $146.70 to a measured move first target of $151.45.
Buy Jan18 150 Call options at $3.70 OBO.
Bullish SignsUsing technical analysis from the public library, we can see that this stock shows signs of becoming bullish. I belive in the next day or two it will rise. This is purely for "pseudo trading", I am just tossing some ideas.
Accenture - retrolicious ... 1st trade ever !Remember how happy with myself i was back in 2010 when I closed out all my company shares on leaving. Stoked to get out around the highs of the year at about $42. Starring at them now at $115...
Yeah should have trusted in my ex colleagues and held them !
ACN trend bounceAccenture looks ready to move higher, as it bounced off of trend line. Now, it is hovering around all key moving averages. Combine it withh strong market (yesterday it bounced again from active trend line) and that is how you get A+ trades. I am looking for potential move through $81 for additional gains. My mid-term target is $84.50. With stop below previous swing low at $79 - this trade looks attractive from Risk/Reward point of view.
Check my previous idea in this srock in the link below
