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Accenture (ACN) Looks Bullish
By Andy Swan | Published  12/21/2007 | Stocks | Unrated
Accenture (ACN) Looks Bullish

After reporting better than expected earnings and raising forward guidance, Accenture (ACN) broke the neckline of an inverse Head and shoulders. This neckline break indicates ACN will climb above 40 over the next few weeks.



Yesterday, Activision Inc (ATVI) broke out of this bull flag with an increase in upside volume. This breakout in indicates ATVI could climb to above 31 over the next week.



Andy Swan is co-founder and head trader for DaytradeTeam.com. To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.