ACN — Research (2026-10-08)

Summary

ACN (Accenture) is a new TLI coverage pick. Showing a strong bounce after a deep Wave 2 pullback, with price back above the 0.618 Fib at $173 and above the 200 Month MA. Bull Case targets Wave 3 at 1.618 Fib.

TLI Analysis — Key Levels & Timeline

2026-10-08 — email #104406 — ACN Coverage

Subject: $ACN Type: Text-based coverage analysis.

Key analysis points from TLI: - $ACN is showing a strong bounce after a deep Wave 2 pullback - Price now back above the 0.618 Fib at $173 and above the 200 Month MA - Ideally, want the pullback to hold above confluence at $173 — would give confidence the pullback is complete - From there, focus turns to reclaiming the lower yellow trendline at $230, followed by the 50 Month MA - Bull Case requires price to break above the top of Wave 1 at $417 - Then focus shifts to Wave 3 target at the 1.618 Fib

Price check: 2026-10-08 — $203.39. Above $173 0.618 Fib support. Next resistance $230 (yellow trendline). Bull Case: $417 → 1.618 Fib W3 target.

Position Context

• Conviction: ⭐ — NEW COVERAGE (first mention)
• Key levels: $173 (0.618 Fib + 200 Month MA), $230 (trendline), $417 (Wave 1 top)
• Role: IT Services / Consulting