My advisor Marketmiracle generated a purchase signal on BASF at a price of 69.16 with a target price of 72.95 or with a potential profit of 5.48%
Effectively the last business results have been beyond the expectations and from the diagram it is clear as the title, after to have tried a sudden climb of fact has been collided with of the technical resistances that have rejected it.
Now seems back the time of collection and, considering also the market sentiment that has returned slightly positive (0.02) we should start to see an increase in prices definitely up to the price of 72.95 indicated by the advisor but perhaps even beyond.
It might therefore be interesting to start taking positions on BASF and then assess whether to close at that level or let go of positions for a more consistent climb.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration