Trade Ideas: ACS

Using the new channel parameters I defined yesterday, the scan picked up ACS. Yesterday's pick, OCN, also featured again. The chart does have a large tick error, but what is important, is the narrow trading channel, which shaped off the large breakout. Buy break of resistance, stops on a loss of support. Look for a move to $68.

Affiliated Computer Services, Inc. provides business process and information technology outsourcing solutions to commercial and government clients. It operates through two segments, Commercial and Government. Commercial segment offers business process outsourcing services, including administration, human resources and related consulting, finance and accounting, customer care, and payment services.

ACS