Astrazeneca (Wait for correction to complete)

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Hello,

To demonstrate how we can leverage TradingView for informed investment decisions, let’s analyze AstraZeneca as our example today. I will follow a structured approach and provide an investment recommendation based on both fundamental and technical insights.

Understanding the Business
Before making any investment decision, it's crucial to grasp the company's business model, revenue sources, and market standing. AstraZeneca is a global biopharmaceutical company known for its innovative research and development in key therapeutic areas, including:

  • Oncology: AstraZeneca is a leading player in cancer research, with a robust portfolio of treatments for various types of cancer, contributing significantly to its revenue.
  • Cardiovascular, Renal & Metabolism (CVRM): This segment includes treatments for conditions like diabetes and heart failure, reflecting the company’s diversified focus.
  • Respiratory & Immunology: AstraZeneca has a strong foothold in respiratory medicines, providing therapies for asthma and COPD, which are critical in global healthcare.
  • This diversified portfolio not only enhances revenue stability but also positions AstraZeneca well to navigate market fluctuations and emerging healthcare challenges.


Financial Overview
Examining AstraZeneca’s financial health is essential. The company has demonstrated steady revenue growth over recent years, supported by successful product launches and strategic acquisitions. The net income and earnings per share (EPS) have shown resilience, even amid challenging market conditions.

The revenue has consistently grown since 2015, as seen in the historical financial charts. Net income trends and diluted EPS are also key indicators of the company's profitability and should be monitored closely.

Technical Analysis
Technical analysis reveals valuable insights into AstraZeneca's stock price movements. Over the past year, the stock has shown signs of a bullish trend, driven by strong company fundamentals and positive investor sentiment.

Currently, AstraZeneca's stock is experiencing a correction phase, testing its key support levels.

Will be looking for buy at USD 72 with USD 87 as the target.

Best regards & good luck
Uwaga
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Great time to look for a buy in Astrazeneca snapshot
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Portfolio Manager
Dyer & Blair investment Bank, Kenya.

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