Accenture (ACN) has been rising within a Channel Up pattern since the March 15 bottom but recently entered a corrective wave to form the new Higher Low. This is in the form of a Channel Down pattern that heavily rejected the price yesterday on the 1D MA50 (blue trend-line). This rejection is dangerous as it turned the 1D MACD from a Bullish into a Bearish Cross in...
If you haven`t sold ACN here:
Then analyzing the options chain and the chart patterns of ACN Accenture plc prior to the earnings report this week,
I would consider purchasing the 315.50usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $9.10.
If these options prove to be profitable prior to the earnings release, I would...
If you haven`t sold ACN here:
Then Analyzing the options chain of ACN Accenture prior to the earnings report this week,
I would consider purchasing the 340usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $7.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Technical Analysis for ACN:
If ACN breaks above the bullish line of 293$, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the first target price (TP1) could be set at 296$, while the second target price (TP2) could be set at 304$.
Conversely, if ACN breaks below the bearish line of 285$, it may suggest...
Three soldiers confirm on otherwise up moving momentum that left OBOS area. Two goals are put with Fibonacci in mind, but also reflect the two possibilities of either being in a triangle or a more neutral channel.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are...
If you haven`t watched the previews article:
Then you should know that looking at the ACN Accenture options chain ahead of earnings , i would buy the $285 strike price Puts with
2023-1-20 expiration date for about
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion...
We are seeing a double two finished on Accenture. This implies a start of a new corrective fractal, hence outlook is bearish with one goal at this stage.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level,...
We previously had a short on Accenture with a single goal that we did not reach. Exited manually with a profit smaller than planned for. This prompted a review of the fractal map for this stock, leading us to change our stance to a bullish one.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The...
In the 1-hour chart clearly, we can spot the downtrend. On the 16th of June ACN formed a double bottom and the price headed to the major resistance level of $ 300.The scheduled Earnings report will play a major role in the resistance`s future. If the breakout is successful, the next goal for ACN will be to test the $ 315 local resistance.
Immediate targets 292, 278. Invalidation 381.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
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Accenture plc is an Irish company that continues to be a grow-based multinational professional services company that specializes in IT services and consulting with 569,000 employees, 231.68 B market cap
After reviewing the company's financial reports from (yahoo finance)
we can take an overview about the company performance in the last 3 years is rising ...
Accenture 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
I noticed this consolidation pattern on ACN.
First, I would like to state that I am extremely bullish as an investor on the company. However, this looks like a promising short term trading pattern.
The rough average of these consolidations since 2010 is 15%. A great return. Even the last two corrections (9.5% and 8.5%) were good.
For me there' are too much...