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My two other long recommendations have been correct. My third one will be as well. As you can see, the stock BAYN bounces around the former support that I have drawn in the second recommendation. On Friday, the stock closed with a positive DOJI, just over the support line. Since the stock will open higher on Monday, I suggest that you open a long order @97.8€...
Since I published the Idea of longing BAYN, its stock price has risen 5€ per share. The next short-term prediction is around 99-100, where it will break out and reach its target price of 120€ per share. BUY BAYER, and see it as e pre-Christmas present of my part. CHART: uk.tradingview.com YOUR GREG
Bayer have just taken over Monsanto. This is huge as it brings together two of the biggest pharmaceutical firms globally. Looking technically, I can see some severe upside where investors look to pile into this now global powerhouse (takeover valued at $68bn). I would expect a rally to $112 based off of current market structure and the bullish harami pattern. I...