BASF remains in a consolidation phase, with a potential downside to €38 (−10.2%), where strong trendline support is expected.
This level would likely mark a solid bottom.
On the upside, a breakout could first reach €63 (+48.9%), with a medium-term target of €75 (+77.3%).
The setup offers limited risk and strong upside potential.
This level would likely mark a solid bottom.
On the upside, a breakout could first reach €63 (+48.9%), with a medium-term target of €75 (+77.3%).
The setup offers limited risk and strong upside potential.
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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.