GeoPax

Bullish on BAS

XETR:BAS   BASF SE NA O.N
2
BAS is breaking through a trendline resistance and appears ready to rally to the 200DMA. This has the potential to be a profitable short-term trade. For the long-term, it also looks like it could be forming a base/cup right now and be preparing to rally to the previous year's highs during the coming year.
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.