AstraZeneca - Breaking from a wedge

Buy AstraZeneca ( AZN .L)

AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. The Company focuses on discovery and development of products, which are then manufactured, marketed and sold. The Company focuses on three main therapy areas: Oncology, Cardiovascular & Metabolic Disease (CVMD) and Respiratory, while selectively pursuing therapies in Autoimmunity, Infection and Neuroscience.

Market Cap: £90.48Billion

AstraZeneca is breaking higher from a corrective wedge pattern on the daily chart . The long-term uptrend remains bullish and a move towards new highs is expected.

Stop: 6565p
Target 1: 7465p
Target 2: 7580p
Target 3: 8000p

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