Tuesday, October 10, 2006

 
Trading Ideas & Picks

ACN - Long term secular uptrend

ACN: Stock is in a long term secular uptrend as seen in the above chart. The stock has recovered from the fall it witnessed in mid June. The stock made a good bottom at 26.10 levels and has been steadily moving up. The stock is trading above its 10-Day EMA of 30.52 and the 7-Day Average Directional Indicator has generated a strong buy signal. All the short term indicators are in the buy zone...

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