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longsonvn
Mar 24, 2024 3:35 AM

ACN March 22, 24: Breaking Down MA-50 

Accenture plcNYSE

Description

On March 22, 24, NYSE:ACN broke down its MA-50 on huge volume after earnings were out.

A breakdown below MA-50 on huge volume while the overall market is in uptrend is a sell signal.

I am not holding NYSE:ACN and I am not shorting it, have no plan to short it.

However if I bough it before, I will sell it now.

There are many lessons about stocks which seems cheap but are actually not a good buy.
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