Affiliated Computer Services (ACS) is ripe for correction

For the second time in past one week, the target company acquired gained heavily following the M&A confirmation. This time, Affiliated Computer Services (NYSE: ACS), surged by a handsome 16% to $ 55.05, after XRX acquired ACS for $6.4 billion cash and stock deal. However, ACS is already in an overbought zone with a RSI of 88, and could show correction from these levels.