#AECOM ( NYSE:ACM ) secures a lead role in the Lone Star Constructors joint venture for the I-35 Northeast Expansion South Project. With a projected profit growth of 74%, a bullish outlook is maintained for ACM, setting an entry target above $80.00-$81.00 and an upside target at $112.00-$113.00.
#ACM #StockTrading
n idea showing some wedges, both falling wedges, a bullish pattern.
In the middle of this pattern is a nice W structure that I have labelled points of the pattern.
4Hr Chart.
Similar Double Tops in the circles.
ACM is the most poorly positioned commercial construction company on the market on a financial and technical basis currently. We take advantage of a slow down in commercial building with commercial banking stress. ACM is only off 10% from highs currently only 6 weeks ago. ACM Book value is 4.52, 20% higher than its industry average. Profit margin is 7.81% for...
Some of our algorithmic systems are entering long in global equities, mainly in Norway and in the US.
Right now, the mid-term bullish trend is not completely consolidated, so the VaR allocated to each position is extremely slow.
Our systems are entering at market prices with guaranteed trailing stops at 0.3% of our portfolio risk.
If the systems compounds in...
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price.
Entry Price: $75.72
Target Price: $77.38
Stop Loss: $72.95
ACM or AECOM infrastructure and construction has just signed a deal to build infrastructure in the middle east. These guys are global! They already do a ton of business for our govt. If you havent looked at them before. Pull up a Daily chart and look at the run ups. This pulls a divergence using a macd on settings of 8-13-5. This is the setup Richard my...
I thin =k AEcom is about to make the final big move to complete its long wave 3. Bull pennant has formed and I think it could break upwards in the next month to hit the top of the pitchfork before retracing to a healthy wave 4.
$ACM posted its earnings with a positive over reaction following its release with the PEAD projecting a neutral outlook placing the stock Drift B
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NYSE:ACM
ACM has formed a shallow cup with handle formation and would be a buy at 47.34. Profit targets between 56 and 58. Stop loss set at 7% below current price.
