Accenture plc

Consolidation pattern on ACN ?

161
I noticed this consolidation pattern on ACN.
First, I would like to state that I am extremely bullish as an investor on the company. However, this looks like a promising short term trading pattern.

The rough average of these consolidations since 2010 is 15%. A great return. Even the last two corrections (9.5% and 8.5%) were good.

For me there' are too much current uncertainty to neither go long or short but a bullish run up could constitute a short opportunity.

What is your point of view ?

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