A look at the daily chart of Accenture
– clear uptrend (also on the weekly chart)
– Resistance level at 58
– Ascending triangle, so possibility for a follow-trough after breaking the 58 level – We’re not overbought
– crawling further and further away from he 50d and 200d MA. Stocks allways revert to the averages at some point, so failing the 58 level will make me take profits of the table.
– Stop loss is at 54.55
sensilively 