AZN trade ideas

compoundinterest7

Possible pending target for Astrazeneca at 8301 +10% from current price due to breakout of parallel channel

Herb_Chapman

Still bullish on AZN.L but ascending broadening wedge : - Need to break 7 580$ resistance - RSI divergence - MM20 > MM50 Statiscally in 80% of cases, the exit of this pattern is bearish. So, I will open a short position around 7 400 $. (TPs on chart) Always 2 gap to fill : - Around 6 930 $ - Around 6 550 $ Happy trading

BennyTrades

Be aware of the parabolic curve in the medium term.

Herb_Chapman Updated 

Good pattern to rise up ! Not a financial advice...

Investamate

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...

roll_dagger

Great Risk/Reward Ratio TP 6500 SL 7600

Herb_Chapman

AstraZeneca is a good stock, big pump since 4 months. I will probably open a short position if trendline is break this week. MM20 is going to cross MM50, big indicators to a sell position. 2 gaps around 6 900$ et 6 500$. Low volumes. Happy trading !

TradewithLu

Here wave 3 extended and was nearly 1.618*the length of wave 1, therefore wave 5 should be a maximum of 100% of the length of wave 1. Wave 5 is currently slightly over 61.8% of the length of wave 1. Here wave 5 is clearly an ending 5th wave diagonal and thus a sharp reversal should follow very soon.

porden

I think this is what's happening on Amazon stock. SO I think we can expect another minor wave up to complete the five wave structure Based on Elliot wave

porden Updated 

I originally counted the waves like this, and there was no divergence on RSI or MACD

porden

I think this graphs shows the situation which we are in. I originally thought that the fifth wave was over warlier when we hit just over the 1.618 making it the perfect fib ratio. However, the last wave up surprised me. So I considered that maybe we witnessed a b wave correction inside the ABC whih goes over the previoues wave up. However the scenario wasn't...

Hugoster007

Do we get a breakout in the trend?

James_Winsoar Updated 

Looks like a possible bullish reversal could be coming up for Astrazenica.

andmk2 Updated 

Breakout day after a 2 year 1 month ascending triangle. A buy signal if you're a technical analyst and you see the pattern the same way.

AleAnt

Potential bear Gartley

Global_Invest

Here we can see the breakout of trendline and resistance, moreover, there is a possibility of the end pullback. It gives us a nice opportunitiy to go long with the first target zone on the previous top and the second target would be the next resistance level -G_Invest

Entalius

Go long on the 470 support line, with 460 stop loss. TP when you feel like it.

TipTVFinance

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.