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ACCENTURE LTD
(ACN-NYSE):
Technical Viewpoint: From a low
of $22.64 on Dec 14, 2002 prices
rallied, reaching a
high of $28.34
on Jan 9, 2002. A
decline saw prices pull back, reaching a
low of
$23.13 on Jan 28, 2002.
Another rally saw prices penetrate
resistance, closing 2/1/02
at $28.00. Technicals: MACD Index (MACD): A Buy Alert!
was given on Feb 1, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $25.00. Resistance: Is at $28.34.
Point & Figure: Reversed to the upside on Feb 2, 2002. A P&F upside
reversal takes place at $26.50. Summary: Technical indicators have turned bullish. BUY! Accenture Ltd
(ACN-NYSE) @ $28.38 Stop: Use a protective stop of $26.38.
Accenture Ltd is currently trading @ $28.00 plus $2.22 on Feb 1, 2002. Price Objective:
$44.00. Risk/Reward: $2.00 VS. $15.63. 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:
$44.00
Risk/Reward:
$2.00 VS. $15.63
Risk/Reward Ratio:
8:1
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