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 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.
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.
