traderprosignals

AZN BUY/LONG NOW READY! 54.45 to 68.60 by End 2021!

Long
NASDAQ:AZN   AstraZeneca PLC
TICKER CODE: AZN
Company Name: ASTRAZENECA PLC
Industry: US Stocks Health Technology Pharmaceuticals: Major

Position Proposed: BUY

FOMO ENTRY: 56.00-57.00
ENTRY: (NOT READY) 54.45 - 57.55

1st Partial Take Profit at: 68.60 (End 2021)

Stop Loss: 52.00

Technical Analysis:
1) Rising Wedge (Existing Analysis; TP @ 68.62)
2) Inverse Head and Shoulders (Forming 2nd shoulder)
3) Chart touched Fibonacci retracement 0.786
4) Fibonacci Expansion Take Profit level at 1.618
Comment:
** GUYS CORRECTION it's FALLING WEDGE!
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