ASTRAZENECA PHARMA ELLIOTT WAVE COUNTASTRAZENECA correction is almost coming to an end. The end of wave (C) at the fourth wave will be a good buying zone.
ASTRAZEN trade ideas
ASTRAZENECA PHARMA TREND REVERSAL - Long TradeIn Day Time frame, Astra Zeneca was engulfed with a bullish candle and took support perfectly in below resistance. This is my own analysis, if you are going for a trade do your own analysis or consult your Trading advisor.
Astra Zenca - Moving AheadAstranZenca breaking out the small consolidation phase... Added small test quantity yesterday. Added more today after 1hour. Let us see how far it goes beyond 4800...
DISC:NOT a SEBI Registered Advisor. I post charts for my own study.
Wait and see for AstrazenicaThe price could go either way depending on the results from clinical trials of their Covid-19 vaccine.. so watch this space for confirmation either way.
Science Backed by Data[AstraZeneca Series]: Target 3949Good Evening Friends,
AstraZeneca is in very long term uptrend(24 months). It has breaken out today after consolidating for past few 3-4 weeks. Breakout has been on very health volumes almost 4.5 times average volumes(331K vs 78K average volume)
RSI is in uptrend and looks promising.
Buy Closer to 3576 levels
Support Levels
2939 (below this trend may get invalidated on short term)
3302
3451
3520
3565
Target
1st Target 3949 ,
2nd target 4188
Pls support with likes on the idea.
ASTRAZEN Looking Good !2939-2036 buy zone
Might just blast off from 3170 on Monday, either way above zone is where the big orders should be ready so keep an eye on how it opens on Monday maybe put some alerts.
I hope it ranges a wee while however the demand may just be too much ...
ASTRAZEN Price Discovery ACTIVATED BY TRUMP3375 about to be broken
Still expect long term up trend line on the Monthly to be touched at some point after we make a new
All time high 4049 - 4410 my guess
Low time frames i see a possible pullback to 2939-3030,LTF graph to follow .
OR
This may just go bonkers like Moderna did a while ago though fell soon after the company said it would offload some $1.3 billion worth of stock .
A friend,Gracie called me at $76 to see if she should buy ,I mean seriously you keep telling people to avoid stuff luck this but their animal brain kicks in and they want to fomo in .
Shall do Moderna graph next since i think its retrace is about done and time to get some new money in to dump on later:)
Potential HUGE tradeThe vaccine, being developed with Oxford University, is still awaiting results from early-stage trials.
PS: This trade fails if it can break out and close below the support zone
ASTRAZEN - Cup and handle patternAstra Zeneca
Cmp 1959
Long suggested above 2035
Stop should be around -8% of entry price.
Logic - Cup and Handle
Handle formation in progress with tight price action and tight volumes.
