Aug. 8 at 3:47 AM
Accenture plc
$ACN (1W)
Bullish Flow: Institutional buyers are stepping up at major structural demand after a long-duration selloff, quietly absorbing supply off
$118 floors as volume surges to signal potential macro capitulation. 🐂 💧
Bull Key Level:
$191.50 (Primary pivot trigger to clear local distribution and reclaim key high-volume nodes) 🐂 🔥
Bear Key Level:
$134.60 (Absolute structural demand boundary and multi-year defense floor) 🐻 ⚠️
Targets:
$210.75 /
$254.20 💰 🍻
Why: Price action on the weekly chart shows a sharp V-bottom spring off the
$118–
$134 macro floor, supported by the largest buying volume spike seen in months. Reclaiming local moving averages opens a clean runway toward
$191.50 and upper macro trendline resistance.
#acn #accenture #largecaps #swingtrading #hovdid