Trade idea - Technicial analysis:
Sell
AZN 
UK100
Chart: Heikin Ashi 1D
The bullrun through March looks to have run out of steam and started to show weakness.
Chart: Candlestick 1D
• MACD histogram crossed over and now posting negative trend.
• RSI falling from overbrought levels
Target:
TP1 67.4
TP2 64.8
Or RSI 30
Sell
AZN UK100Chart: Heikin Ashi 1D
The bullrun through March looks to have run out of steam and started to show weakness.
Chart: Candlestick 1D
• MACD histogram crossed over and now posting negative trend.
• RSI falling from overbrought levels
Target:
TP1 67.4
TP2 64.8
Or RSI 30
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.