Sling Shot Long Setup - Look for Entry trigger.
It seems that ACN is forming a Potential bearish Deep Crab with PRZ @ 95.60.
If can hold support at ~$84 then will continue higher, otherwise will break down for a possible short.
Accenture looks ready to move higher, as it bounced off of trend line. Now, it is hovering around all key moving averages. Combine it withh strong market (yesterday it bounced again from active trend line) and that is how you get A+ trades. I am looking for potential move through $81 for additional gains. My mid-term target is $84.50. With stop below previous...
I am looking for potential move above 80 for additional gains. Short term moving averages caught up price and some flagging or consolidation above will be healthy before break up. Next resistance levels and potential targets are 82 and 84-86. Stop below 78 make sence because then moving averages will be lost. Next support is at 76.