Al_Capone_e

Bayers breakout will push DAX closer to ATH @ 12.400 and above!

Long
FWB:BAYN   BAYER AG NA O.N.
4
Bayer with a clear signal!
Breakout above the mid-term downtrend with new targets @115 and 124/127 until Juli 2017.

Traders Dream is 103,25 - 103,50 to enter.
Unfortunately I missed the direct breakout entry and hope to get filled @ 104/103
Under ~ 101,70 the trade is dead.

Bayer is the 4th largest DAX titel with a market capitalization of about 87 Mrd.
Every Euro above 106 will push the DAX closer and above his ATH @ 12.400.

Successful trades!
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.