Don't Ignore This Chart!

AstraZeneca (AZN) Surges! Are All Time Highs Next?

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AstraZeneca has not made all time highs for the last three years. However, this current setup looks like it could be the trigger point. 

With everything surging and the MACD coiled, a sudden surge here could bring a whole new look to this chart.

Happy New Year!
Greg Schnell, CMT, MFTA.

Announcement from the Author

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Greg Schnell
About the author: , CMT, is a Senior Technical Analyst at StockCharts.com specializing in intermarket and commodities analysis. Based in Calgary, he is a board member of the Canadian Society of Technical Analysts (CSTA) and the chairman of the CSTA Calgary chapter. He is an active member of both the Market Technicians Association (MTA) and the International Federation of Technical Analysts (IFTA).

Greg is also the co-author of Stock Charts for Dummies (Wiley, 2018). Greg joined StockCharts.com in 2012 and has be instrumental in helping launch a variety of new blogs and other commentary platforms. Presently, Greg contributes market analysis commentary to The Canadian Technician, Commodities Countdown and Don't Ignore This Chart blogs. Learn More
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