$AZN - Sellers Exhausted, Buyers are Coming Back

3 באוג׳ 2020

To keep things simple, I am expecting a bounce back towards the POC (Red Dashed Line). Price has consistently bounced off the green support line. There is a skinny wick under the last candle which is a sign that the price was rejected. We ended with a bullish candle, I'm not expecting price to end bearish on Monday.


Here is a broader view of the green support line.

3 באוג׳ 2020

הערה

looks like I predicted the move perfectly.