Since our initial analysis in November, Bayer's stock has experienced a 40% pullback. Despite missing our limit order by 2%, we have decided to enter the market now and plan to make additional purchases if the price drops further. The stock has held around the 88.2% Fibonacci retracement level. We are currently within the 50-61.8% Fibonacci extension zone for...
Retesting the channel price recently broke out of, this represents a possible buy opportunity backed with a recent insider buying activity. First target right after the gap where you could take partials, then 48 EUR. If you believe in the company why not hold to ATH.
Bayer AG - 30d expiry - We look to Sell at 54.48 (stop at 56.11) Daily signals are bearish. 54.50 continues to hold back the bulls. Bespoke resistance is located at 54.50. Preferred trade is to sell into rallies. The bearish engulfing candle on the daily chart is negative for sentiment. Our profit targets will be 50.41 and 49.41 Resistance: 52.00 / 53.20...
Hello everyone!!! Bayer AG at the channel support. There is hope for the end of the bearish trend that began in 2015. Additionally, according to the cyclical analysis, we can see the completion of a cycle of 1610 days (or 230 weeks, or 4.5 years). The cycle was repeated 7 times: of which 5 times there was an increase in the share price and 2 times - a fall....
I am expecting Bayer Ag to bounce from support line and from lower Bollinger band. Price target 75+ i.e. long term resistance line.
This is an update of the charted idea posted on March 13, 2021. The bullish crossover of the 50MA coming up above the 200MA has now happened. The price remains above the green Ichimoku cloud (positive). The Heikin Achi candlestick are small with long wicks on either side, indicating some indecision regarding direction. This could still go on for a while. In the...
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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,...
For some time now, I have been monitoring Bayer AG. We have seen a huge disintegration since 2015 which now meets crucial levels of support. The MACD will soon show a cross on a monthly basis at a crucial level. Let's take a look at the Fibu we see the Bayer currently commuting at the 78er. that means the entire bull market from the year 2012 -2015 was given back...
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.
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