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fionnablack fionnablack AZN, 60, Short ,
AZN: Astrazeneca resistance
28 0 9
AZN, 60 Short
Astrazeneca resistance

Idea: Testing a strategy using the relationship of related time frames for measuring retracement high. I am expecting the retrace to have reached its maximum price limit and price to return to the short trend at 35.13. DISCLAIMER: This is where I practice ideas and work on my trading techniques. This is not investment advice. Please note I am only providing my ...

TipTVFinance TipTVFinance AZN, D,
AZN: AstraZeneca eyes trend line support at 4400
9 0 5
AZN, D
AstraZeneca eyes trend line support at 4400

Bearish spike candles (candles with long upper shadows) coupled with bearish RSI suggests the share price is likely to test the trend line support is seen around 4400 levels. Only a daily close above 4817 (April 27) would revive the bullish view.

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