ACCENTURE LTD
(ACN-NYSE):
Technical Viewpoint: From a low
of $13.45 on Apr 14, 2003 prices
rallied, reaching a
high of $18.82
on Jun 5, 2003. A
decline saw prices pull back, reaching a
low of
$16.25 on Jun 13, 2003.
Another rally saw prices penetrate
resistance, closing 7/15/03
at $20.55. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 24, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $18.75. Resistance: Is at $20.85.
Point & Figure: Reversed to the upside on Jul 8, 2003. A P&F upside
reversal takes place at $19.00. Summary: Technical indicators have turned bullish. BUY! ACCENTURE LTD
(ACN-NYSE) @ $20.88 Stop: Use a protective stop of $19.38.
ACCENTURE LTD is currently trading @ $20.55 plus $1.70 on Jul 15, 2003. Price Objective:
$33.00. Risk/Reward: $1.50 VS. $12.13. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$33.00
Risk/Reward:
$1.50 VS. $12.13
Risk/Reward Ratio:
8:1
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