InvestEmi

ACN | Text book price action

Long
NYSE:ACN   Accenture plc
ACN has been giving us text book price action recently.

Over the past couple months we have seen price consolidate in an ascending triangle / pennant formation. Breakout on the 11th March gave the stock momentum to trade to new ATHs through March.

It has since been forming a perfect bull flag .
If the stock can catch momentum again, I see upside to the 285$ range in the coming weeks.

Any thoughts?
Good luck to all!
(*This is not financial advice, for sake of discussion and illustrative purposes only*)
Comment: Breakout of the flag occurred yesterday!
Comment: Very Overbought right now on all time frames, would love to see a bit of a correction before loading up again
Comment: Oh and target reached much faster than I thought
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