ASTRAZEN trade ideas
AstraZen breaking out with volume.Had been range bound for 2 years. Have broken out the resistance with volumes.
Maybe something brewing in the pharma.
Ascending Triangle on ASTRAZENAscending Triangle on ASTRAZEN and it break on upside.
Trade:
Long Entry - 935
Target 1 - 955
Target 2 - 980
Stop loss - 909
AstraZeneca weekly. Trendline breakout.AstraZeneca Pharma broke the trend line on weekly chart.
It has good support zone @908-920
and minor resistance @1020 and then after @1058
Closing above 1058 will lift Astrazeneca to 1300 levels.
