On March 22, 24, 
ACN broke down its MA-50 on huge volume after earnings were out.
A breakdown below MA-50 on huge volume while the overall market is in uptrend is a sell signal.
I am not holdingACN and I am not shorting it, have no plan to short it.
However if I bough it before, I will sell it now.
There are many lessons about stocks which seems cheap but are actually not a good buy.
ACN broke down its MA-50 on huge volume after earnings were out.A breakdown below MA-50 on huge volume while the overall market is in uptrend is a sell signal.
I am not holding
ACN and I am not shorting it, have no plan to short it. However if I bough it before, I will sell it now.
There are many lessons about stocks which seems cheap but are actually not a good buy.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.