Q: What has the highest probability of occurring?
After being one of the strongest performers in 2020 during the initial UK lockdown the stock lost over 30% of its value.
In 2021 it has staged a modest recovery but is still over 15% below its all time high requiring an over 20% rally.
There is well tested support at 8100p and resistance at 8775p.
There is 2...
This has the same anatomy as the Unlvr trade. I had my zones/levels at which i was looking for a good reaction (rejection) namely the weekly and monthly kijun levels, 7762 and 7876 respectively. Today's bearish candle did just that with reasonable volume and im in,two positions just as on the unlvr trade.
Entry: 7629
SL: 7916
TP1: 7015 (R:2.14)
TP2: ...
Chart pattern: Bull flag
Entry: 8014 (this would end the downtrend of the correction)
Stop: 6736
Target: 10985
Stopmanagement: ATR Stops daily chart default settings
Risk:Reward-Ratio: > 2:1
Description: The chart is forming a bull flag with a nice corrective pattern. Target is the 1:1 Fibonacci extension of the former impuslive move. The price...
LSE:AZN
Based on technical Analysis:
Prices are moving inside a channel and using the channel theory the idea is to go long target Price 88 Pound - only if the 82 pound support level will be broken
Info only, not advice.
Bull-flagging following the initial pump on vaccine news.
I'm long so expecting a good jump outside of the channel when better efficacy results of their covid vaccine with Oxford Uni are published.
Based on technical Analysis is to hold as we are in the middle of the channel. If you want to risk there might be a possibility to go long - target price 88.00 usd
So they had a death on the vaccine research and look to be forming a head and shoulder pattern which is typical of a reversal in price, how come the news always comes so in time? the markets are so fascinating.
Astrazeneca Stock Analysis
Prices moving inside a channel - trendless condition - Horizontal movement.
Based on Technical Analysis, the idea is to go long as the prices are close to the resistance level of 83 pound (bottom flat line of the channel) and they seem ready to jump up to 88.0 Pound.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Technical Analysis: If the support level will not be broken there might be an opportunity to go long.
Fundamental Analysis:
Gilead Was Approached by AstraZeneca About Potential Merger
There is an upward channel - Prices should go up based on both technical and Fundamental analysis
Fundamental News - Coronavirus: AstraZeneca to make 30m vaccine doses — if it works
uk.finance.yahoo.com
The only concern is that prices are moving up...
AstraZeneca Plc is a holding company, which engages in the research, development, and manufacture of pharmaceutical products. Its pipeline are used for the following therapy areas: oncology, cardiovascular, renal, metabolism, and respiratory. The company was founded on June 17, 1992 and is headquartered in Cambridge, the United Kingdom.
LSE
