Bayer AG is still in a correction phase since April 2015. An important support line is at EUR 44.10. This line must hodl! Should this be broken on a weekly or even monthly basis with a closing price below it, the range of approx. 38 Euro would be the next support zone. A closing below 38 Euro, a down move to 20-22 Euroarea would not surprise. At 21.62 Euro,...
The price cannot go below 52.20€. If the price goes below, the forming head and shoulders pattern fails. If the price bounces and goes to the point A, breaks the neckline, then we can see a upside trend inversion. What do you think about?
Bayer has reached the longterm goal to the downside. This one could now get interesting for value investor with a longer time horizen. However it should be observed weather a stabilization is happening.
Big news from Bayer and Dare today . Next thing to watch is for FDA approval and then if/when commercialization begins. Until then I think it's still very speculative. HOWEVER. important to note the chart. Last time it traded this high, it remained the case for a few weeks and then plummeted back down to earth. The last time it consistently traded around this...
I currently see 2 opportunities in this Stock. One would be short entry for the last move down and the other possibility is a long term buy once the corrective ABC structure has finished.
I am expecting Bayer to make one more Push to the downside and then finishing a longterm ABC-Correction. If we are getting this last push into the orange area I will look for buying opportunities in this stock (price action). It could be a potential level to hold the stock for longer term as a ABC Correction should by then have completed.
W1 - Double cycle down, false breaks with bullish divergence. D1 - Inverted head and shoulders pattern, price broke above the neckline, bullish divergence. Any pullback is an opportunity to look for buys with more bullish evidences.
Expecting bounce from extremely oversold weekly and daily levels. If stop breached on a daily closing basis, be prepared to catch new daily reversal on lower levels with tight stop.
Bayer is a descending Triangle Chart Pattern Strong support level has been re-tested several times Continually lower highs puts pressure on this support level Best patterns have dropping volume and volatility/ATR Fewer traders are interested in this consolidatation At some point expect an explosive breakout Trade Plan Wait for a close below the support level Full...
Buy in, market will bring it up. Sell at 66€. Trend says it will go down in weekly chart.
Hey guys, here is an analysis for Bayer. Bayer is a global company which act in healthcare and agriculture sectors with huge profit and this sector is good to invest, BUT. Here could come time for SHORT our positions. This is a short term trade, because from long term i guess this company will grow and create value. If we look at the chart, we can see value...
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€...