Astrazeneca - AZN Technical AnalysisTechnical Analysis: If the support level will not be broken there might be an opportunity to go long.
Fundamental Analysis:
Gilead Was Approached by AstraZeneca About Potential Merger
AZN
AZN - AstraZenecaThere is an upward channel - Prices should go up based on both technical and Fundamental analysis
Fundamental News - Coronavirus: AstraZeneca to make 30m vaccine doses — if it works
uk.finance.yahoo.com
The only concern is that prices are moving up too fast and a pause to the market might be required.
Schrödinger $SDGRRecent IPO Schrödinger extends its existing collaboration with AstraZeneca, $AZN, aimed at enhancing the former's Free Energy Perturbation technology for the optimization of key properties of biologics, particularly binding affinity. As technically, it is rising and needs to break the trendlines and hold above $45.
Market Review - Monday, 27 January 2020MCD, GOLD, BMY, ETR, AZN, BHP, BMY, CAG, CI, CL, DTE, GWW, HUM, K, L, NKE, RIO, Y, TJX
Market Review - Monday, 13 January 2020ETR, BMY, MCD, GOLD, AZN, CAG, CPB, KR, L, LMT, NEM, NOC, Y, RTN
Market Review - Monday, 06 January 2020AEP, AZN, AZO, BHP, BMY, CAG, CPB, CVS, ES, ETR, GPC, HRL, HUM, K, KMB, MMC, OMC, RIO, SO, SYY, TGT, TSN, VMC, WEC
MERCK IS DIRT CHEAP. $11 BILLION CANCER DRUG. SALES BOOMING!We keep seeing Clinical Stage Companies that are publicly traded, with new FDA Approvals, and the stocks are blasting off. Many of those are trading over $100 with no revenue, profits or earnings.
Here Merck is, sitting under $100, beating earnings, with record revenue and profit, and paying an almost 3.00% dividend....It is simply outrageous. Wall Street Corruption at it's best!
We took a long position at $82.00 several weeks ago.
We feel the stock is worth at minimum, $150.00 all day long.
KEYTRUDA alone, not counting any other products manufactured / developed by Merck, or any other divisions of Merck, is forecast to bring in over $11 Billion in sales.
Holding for the almost 3% Dividend and for the stock price appreciation into the future.
250,000 LONG @ $82.00
Best of Luck Everyone!
Market Review - Sunday, 01 December 2019AON, TGT, OMC, AJG, SO, MMC, APD, AZN, CI, CPB, D, EIX, GWW, SO, Y, TGT
AstraZeneca - Breaking from a wedgeBuy 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 Autoimmunity, Infection and Neuroscience.
Market Cap: £90.48Billion
AstraZeneca is breaking higher from a corrective wedge pattern on the daily chart. The long-term uptrend remains bullish and a move towards new highs is expected.
Stop: 6565p
Target 1: 7465p
Target 2: 7580p
Target 3: 8000p
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I asked a friend to make a schedule of this asset AZNtechnical analysis
The asset goes to the weekly channel.
I see a pattern that is drawn in red)
Mid channel pushed buyers away.
Let's go on the script.
If you look at the timeframe you can find a better entry point,
I would enter after the breakdown of the white border and put a stop flat abroad)
AZN-BroadstrokeVery High likelyhood of a JUMP -Shortterm
Strong resistance* in green zone-
Strong support at the Black dotted line-(high prob. Will be a bounce zone)
Larger background fib fan from the start(small plays)-could stick and follow->
bear plan -sell in green---3 drops down _find resistance --->Buy-strong bounce
if that green zone holds all bets off.
27.14
19.00
50.08
Astrazeneca resistanceIdea: Testing a strategy using the relationship of related time frames for measuring retracement high. I am expecting the retrace to have reached its maximum price limit and price to return to the short trend at 35.13.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. This is not investment advice. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Buy Jull Puts @ $3.80Multiple reasons to like this trade:
1. AZN is in a downtrend, broken by a 3 month move above 200sma.
2. Prices are below the 200sma and have broken previous lows.
3. Good RSI weakness corresponds to the move lower.
4. AZN is a weak stock in the IBB sector.
- Prices reached a bottom on the daily chart and are now making a 2 leg move to a target of $29.30.
- Prices will then be within the Raghee Horner 34EMA Wave and the wave is still in a downtrend.
- Based upon a option Delta of 0.575, Buy Puts @ $3.8 and run down to $27.50 level for first profit stop.
Good Hunting!
MNTR is getting ready to RumbleShowing strong weekly support. Looking for a run to at least $1.50 $AZN $ABT $GRUB $ODFL $ANH $GRPN $LECO $RAD $MAR $ETFC $AAPL $CQP $TVPT $ARCO $SWFT $REN
