Bayer AG
Short Term
We look to Buy at 56.39 (stop at 54.46)
Trading within a Bullish Channel formation. The medium term bias is for higher levels but intraday signals are mixed. Previous support located at 56.00. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted...
Hi,
I'm new here and in trading. What do you think about my analysis?
I'm open to criticism and instruction. I'm only in my training phase right now.
Greatings
The Supreme Court has asked the Biden administration to comment on the RoundUp weed killer case before it. Bayer execs see this as an indication that the court is taking an interest in it, and appear hopeful that the glyphosate litigation can finally be put to rest without adding to the already staggering cost to the company. The 2018 acquisition of Monsanto,...
The technical figure Channel Down can be found in the German company Bayer AG (BAYN.de) at daily chart. Bayer AG is a German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world. Bayer's areas of business include pharmaceuticals; consumer healthcare products, agricultural chemicals, seeds, and...
Daily:
- Ichimoku setup is neautral, with some bullish bias. Price attempts a bullish cloud breakout, which in case of a success would mean a break of the long term bearish trendline too.
- HA price action and indicators are positive
- EWO is picking up
Weekly:
- Ichimoku setup is turning to neutral from bearish. Price trades above weekly Kijun (26 weeks...
To evaluate XETR:BAYN share in the short term, it is necessary to make a premise on the weekly chart.
The trend is bearish from 2015 until today, the stock has gone from just over 140 in the spring of 2015, to just under 40 in October 2020; today XETR:BAYN is around 47.
In the weekly chart you can see several recurrences:
1) Bullish divergences ...
Hello, as im slowly going from crypto to stock Trading here´s a random Stock Play.
30-35eur Zone is historic Support zone and also the support from the downward channel.
Im not shorting it but will Swing trade from ~33 to 55.
Pretty confident in this setup as 2 Supprts cross each other at 33eur Range, that is one of my favorite setups when trading.
Dyor and im...
On daily time frame (left panel) the Ichimoku setup has turned absolutely Bullish. What's more, on back of another better than expected earnings reported today, the price action gave a buy signal and price started to attack a very long term trend line.
Funadmenytally all bad news had been discounted into price including Monsanto story, provisionings, etc.,...
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....
Looks like we finished the correction and will move up to WAVE 1.
I set my TP to the last WAVE 4 as a potential double top.
WAVE count + FIBs in combination with a strong bullish divergence on 1D, 4H and 1H gimme a good confluence.
What are your thoughts?
