Today’s instrument is the Accenture Plc. stock traded in the NYSE exchange under the ticker ACN.
If we look at the ACN’s chart, we can see it is currently traded at around $317.36. Tomorrow it is announcing its quarterly earnings and if the market’s anticipation is positive then today we should expect an upward price movement towards its resistance level at around $330 and if it passes it then it could rise towards its next resistance level at around $345.
In case the market’s anticipation is negative, then it could fall towards its support level at around $300.
(Click on image to enlarge)
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