ACN March 22, 24: Breaking Down MA-50

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.