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ACN: Consolidation pattern on ACN ?
33 0 4
Consolidation pattern on ACN ?

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 ...

dhanihimawan dhanihimawan CL1!, D,
CL1!: Short if we look from the technical and fundamental
191 0 1
CL1!, D
Short if we look from the technical and fundamental

Now if we think that the Iran still refuse the idea of cutting their oil production, I am quite sure that it will go down from now. If break the line, maybe 34 then it will go up.

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