Astra Zeneca bouncing up
It made a low at 1490 on 5/10
there is a correction at 0.618 Fibo levels.
WATCH!!
To see if Price breaks the resistance at 1740.
The piercing pattern implies the stock could go bullish. Confirmation on Monday..
Prices are ranging from 6014 - 5227. The Formation \/\ is formed. Now we have to see the final leg.
The candlesticks show a thrusting pattern on 19/10/18. Bullish signal that needs confirmation.
The bottom was tested on 19th October where a low of 5240 was made and then the stock rallied.
If close above 6200. Buy at 6201. You may buy at a retracement.
caution...
