UK: AstraZeneca shares price records new historical targets – Analysis – 29-7-2019

AstraZeneca shares price succeeded to surpass 6758.00 resistance recently, to start targeting new historical levels and record 6916.80 level, while the breached resistance forms new support line to reinforce the bullish attempts to expect renewing the bullish attack to target 7105.00 followed by reaching 7360.00 in the upcoming period.

Stochastic reach to the overbought areas supports our bullish overview by providing new positive momentum to ease the mission of resuming the positivity until reaching the suggested positive stations.

The expected trading range for today is between 6900.00 and 7105.00

The expected trend for today: Bullish