Accenture | ACN | Long at $127.50Accenture Plc Class ABATS:ACNWorthlessViewsAccenture ACN shares dropped sharply today due to lower-than-expected fourth-quarter revenue guidance, an incoming revenue miss for the third quarter, and lowered full-year sales growth targets. Additionally, a massive $4.18 billion capital outlay for three cybersecurity acquisitions spooked investors. Recession anyone?! TECHNICAL ANALYSIS Price entered my selected "major crash" simple moving average area (gray lines). This area is often a major zone of algorithmic buying. The lower part of the channel extends into the low $120s and I do believe, at a minimum, this will be reached. If price significantly falls though the "major crash" level, next support area is the "company collapse" simple moving average zone which is currently between $80 and $90. Always be prepared, if entering, for the possibility of such levels. If the price extends to this level, it will be another personal buying opportunity for a much stronger position. INSIDERS Selling only. Keep an eye out for buying at this level or as the price drops. GROWTH 41% EPS growth expected between 2025 ($12.93) and 2029 ($19.28). 33% revenue growth anticipated between 2025 ($69.7 billion) and 2029 ($91.6 billion). 2026 is the "rough" or flat year (predicted). FUNDAMENTALS Current P/E = 12.8x Bankruptcy Risk / Alman's Z-Score = 5.1 (low risk) Debt-to-Equity = 0.3x (healthy) Short-Term Debt / Quick Ratio = 1.3 (moderately high) Dividend Yield = 4.18% Free Cash Flow Yield = 15.7% (excellent) ACTION Strong company with solid fundamentals. In 24 years of trading on the stock market, the price has never strayed this far from the historical mean. With a strong dividend, bright future, and the recession-price potentially baked in, I'm buying a starter position here at $127.50 and waiting it out. Buy low, sell high... time will tell. If the price drops below $100 and enters my "company collapse" simple moving average, I will be adding a heftier position. TARGETS INTO 2029 $156.00 (+22.4%) $180.00 (+41.2%) If you enjoyed this idea, please consider following for more: https://www.tradingview.com/u/WorthlessViews/