Sunday, August 13, 2006

ACC (AUGUST 13, 2006) IN UPTREND CHANNEL
CLOSED AT 880.70



ACC IS ON THE VERGE OF BREAKOUT FROM THE UPTREND CHANNELS UPPER LINE FOR THE TARGET OF 1000, 894 IS THE KEY RESISTENCE AREA (61.8% FIBO OF 1060.90 AND 625). IF IT BREAKS THE UPTREND CHANNEL THEN I'M SEEING THE TARGET OF AROUND 1000 LEVELS. THE RESISTENCE COMES AT 922-925 AND 970, AND THE SUPPORT IS AT 843 (50% FIBO OF 1060.9-625) AND 830 (100DMA). THIS STOCK LOOKS GOOD ON THE CHARTS.