BAYER AG NA O.N.Long
Short-term buy until EUR 60 before falling down to EUR 40.
The Elliott-Wave patter appears to be drawn on current Bayer 1h chart. Longterm, after reaching EUR 60 and going down and touching the 40 EUR area, I expect Bayer to recover and aim for its pre-Covid high of around 80 EUR. Fundamentally Bayer is undervalues, also when it comes to some new products that are in the process of being legalized.
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