BAYER AG NA O.N.
Long

BAYER

407
Hello everyone,
A good opportunity has been detected on the BAYER stock.
After strong downward movement on the BAYER, the price
found support on a strong support level, bounced and
is currently correcting to the upside.
We are expecting the price to reach approximately the 62.150
price level, where we have a 38.2% Fibonacci retracement level,
an inside resistance point, as well as the 100 Moving Average
and the 200 Moving Average.

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.