entry long on astrazenecaRebounce ant fibonacci golden pocket, it's forming a falling wedge with target + 9%
Trade ideas
Astrazeneca PLC BuyIt is time for me to take a new position in AZN at this resistance kombined with the fact that the media is slowing down its critisim against this company.
Maybe I am a bit early, the future will tell. Possible sell if we have a close below the red area.
May the force be with you!
AZN getting its momentumAfter cup and handle, the stock perfomed as it should. I hope we're getting to the next support.
Nice news for AZN taking into account the news about the solution of problems with production capacity, the company can become one of the leaders in the supply of vaccines to the British market
AZN-Waiting for a rebound at 0.618.Waiting for a rebound at 0.618 Fibonacci level. And 50 MA aligns on the levels.
AZN Falling WedgeMassive falling wedge on AZN weekly. Keep an eye out for a break up in the next couple of months.
AZN bullishER + vaccine play. Chart looks great as well - in historic reversal zone, with RSI and MACD curling upwards
Long idea :-)If the delivery problem it's corrected, in next few weeks AZN should be go up !
Trade Safe :-)
AZN - Macro trend and near term movementMacro view:
- AZN moving in an upward channel
- Price has breached channel, but looks to be falling towards the median
Near term:
- Current price trend in a falling wedge pattern, which will likely result in a breakout
Recent news (1/23/21):
- Failure to deliver COVID-19 Vaccinations target number of doses
$AZN | Falling Wedge Breakout and Bullish Triangle [Update 2]$AZN continued pushing to the upside as forecasted in my previous idea.
I hav added a third target on thee chart.
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
See my previous $AZN analysis here:
$AZN | Falling Wedge Breakout and Bullish Triangle [Update 1]$AZN formed a bullish triangle after breaking out of a falling wedge.
I expect this to continue pushing to the upside. Targets on chart.
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
See my previous analysis here:
Bullish Signals for AstraZenecaFundamental analysis
In the UK, more than a million people have already been vaccinated with this relatively simple vaccine. It won't be long before AstraZeneca has done its administration and the whole world (starting with Europe) will use their relatively cheap product.
Technical Analysis
1. Trend breakout
2. High Volume
3. Next Target is 70
AstraZeneca bullish pennantThere hasn't been a significant rise in Astrazeneca, despite the approval of the vaccine in the UK, the orders from Indonesia and Taiwan and reassuring news about the effectiveness of the vaccine. I think some negative publicity about the vaccine effectiveness in comparison to the other vaccines in the US could have led to this consolidation, but even if the other vaccines are a few percents more efficient, the cost and storage efficiency will be a large differentiator for many countries. The approval of the UK will give confidence to other countries (India, Brazil, Europe,...) to speed up the approval process, I expect this will cause the stock to break upwards after more countries approve it.
Probable no segura oportundiad de compra para $AZNProbable no seguro que $AZN empiece a cambiar tendencia para arriba en 1D. Hay una fuerte zona entre los 50 y 58 confirmada por otros indicadores. En 1H entre 49 y 51 hay una mas pequeña que posiblemente muestre acción mañana, si rompe la resistencia ya la probabilidad de que suba aumenta.
$AZN | Falling Wedge Breakout$AZN broke out of a falling wedge.
Look for long opportunities to fill the gap
$AZN AstraZeneca Reversal Targets
Potential reversal targets for AZN as a result
of the CEO comments.
$51.80 Gap fill open on daily
$52.60 Daily Candle resistance
$53.63 Gap fill close.
$54.50 Fibonacci Golden Pocket
Stock is 25% off its Summer highs so has room to run.
ASTRAZENECA - 1D TF - Bullish BatBullish Bat pattern forming on Daily Chart of ASTRAZENECA. BUY SEK 759-760, SL 706.9, Target(s) - 805, 825.
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