The PEAD projected a Bullish outlook for $ACN after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 77.78%.
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
$10.70 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion...
Hello dear Traders,
Here is my idea for #ACN
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support...
Not quite there yet, but we will wait for a fill at 304 = top of channel. This will only happen if we continue the pump monday, which is possible. Markets have been weak mid-week this year and "turn around Tuesday" has worked well as a short.
Entry: 304
SL: 324.25
TP: 242.75
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...
ACN is below the neckline of a Head and Shoulders pattern (look left) and has fallen from a rectangle.
The bottom support line of the horizontal trading channel has been broken. That is now resistance.
Targets for each structure in orange below the structures.
No recommendation
Ticker: ACN
Idea: Long
Horizon: 1 month
Target: $300
Stop order: $253
Technical analysis
The price of the stock has pushed away from the resistance level. Idea for the growth of the paper with a target of $300.
Fundamental Factor.
Accenture is a consulting company that provides consulting services to organizations in the areas of strategic planning,...
The PEAD projected a Bullish outlook for $ACN after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
Looking at the ACN Accenture options chain, i would buy the $275 strike price Calls with
2022-10-21 expiration date for about
$9.70 premium.
Looking forward to read your opinion about it.
Prior Head & Shoulders pattern.
Price is below the neckline, but is still inside the Rectangle .
Targets in white above the Rectangle are possible if price breaks the resistance line.
Targets in orange are for a break the Rectangle support line.
Alternate Bearish Shark noted inside the Rectangle . Price terminated at the 1.113 on the 4th leg and broke the...
Accenture plc, a professional services firm, provides strategy and consulting, interactive, and technology and operations services worldwide. It also provides data-enabled operating models; technology consulting and artificial intelligence services.
I also see a double bottom that may provide support.
Earnings were mixed.
No recommendation.
Accenture plc, a professional services company, provides strategy and consulting, interactive, and technology and operations services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise...
Earnings watch 6/23:
FDX
RAD
FDS
APOG
DRI
BB
ACN
SWBI
MEI
GMS
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading...
Accenture is one of the stocks that tracks a replica of the DJIA structure
The price-time magnitudes show two wave XS and SV having a ratio of 1.618 : 1
Both points on 08/2015 and 12/2021 are nodal points within the current 17-year cycle.
The progression of the two ratios provides a range within which we can model the magnitude of the corrective wave
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.
Risk Disclosure:...
