Accenture: Expected To Fall Towards Its Support Level At Around $300

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)

Accenture Plc

Disclaimer: Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.
Wendell Brown 1 year ago Member's comment

Should’ve never listen to this idea smh