AstraZeneca
A range trading opportunity for you?
Will AstraZeneca break lower, or will it rise back again to 7465p?
- The AstraZeneca range has developed since 20 Sept, bouncing 4 times off 7470p.
- Now trading 7172p (at time of writing)
- Will the pattern repeat itself, testing previous highs (7465p; +4.1%)?
- Shares -5.73% from 2019 highs; +25.9% from 2019 lows; +16.7% year-to-date
- 30 Sept: Astrazeneca announce overall survival rates from Phase-3 Flaura Trial of Tagrisso
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal