The report for the 2nd quarter was very bad for the company. But the situation is likely to start to improve as the economy starts, so you should watch the next report. The stock price is also approaching a strong support level of around 35 €, from which you can consider buying. If the situation develops well, we can expect the price to come out of the descending...
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
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?
Hello everyone,
A good opportunity has been detected on the BAYER stock.
After strong downward movement on the BAYER, the price
found support on a strong support level, bounced and
is currently correcting to the upside.
We are expecting the price to reach approximately the 62.150
price level, where we have a 38.2% Fibonacci retracement level,
an inside...
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
now after Bayer agrees to the $10bln-settlement, I had a look on its share...
from the long-term point of view I'm completely convinced that the share's way too cheap at its current level.
Anyway in short-term I expect some more losses, mainly due to the current uncertainty in the market, but definitely think it's a strong buy.
Personally by looking at the chart,...
BAYER is one of those companyes that are under valued right now. The book value per share turns out to be 47.52 per share. This is another insanely cheep stock or simply a bargain. Especially seeing it is a Biotech and it is located in Germany, EU. So it is kind of not as impacted by the civil unrest in the United States of North America. I have been long on...
Bayer AG (BAY - Xetra) is in ABC zigzag wave pattern as shown in 60 min time frame. In weekly time frame it has dropped in impulse pattern and now correcting up. In 60 min time frame it is in 3rd wave of C wave up, which should be very sharp up. Overall its market perform stock and mainly do what market is going to do, without any news behind.
