The stock has been in an up trend. It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now. It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe. One may also consider this for a swing opportunity , RSI intact in all time frames. Weekly price action shows,...
BASF INDIA has breakout 3 years resistance level and retest that level so further up move will come TGT upto 6439 SL bellow 4320 this is only for educational purpose
1-2 setup is in place. wave 3 of C is upcoming. Expect to see at least a 30-33 range for the wave C down.
With the last couple of impulses, we can now assume that the following movements will bring the course above the 57.06€-mark. Afterwards, we expect the price to produce more significant downward trends. Falling below 41€, however, would mean that the alternatice scenario, currently equipped with a 40% chance, will be activated, pulling us directly down towards new lows.
The technical figure Triangle can be found in the daily chart of the German company BASF SE (BAS.de). BASF SE is a German multinational chemical company and the largest chemical producer in the world. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in...
The technical figure Triangle can be found in the daily chart in the German company BASF SE (BAS.de). BASF SE is a German multinational chemical company and the largest chemical producer in the world. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in...
My trading idea for BASF - buy / LONG Entry: 51.00 EUR Target: 54.50 EUR Stop: 49.50 EUR After consolidating around the EUR 48.50 mark, the price rose steadily in the upward range. Support level confirmed. A further rise seems very likely. Since the price is currently at the upper limit of the channel, I am also speculating on a short-term setback to about EUR...
The technical figure Triangle can be found in the German company BASF SE (BAS.de) at daily chart. BASF SE is a German multinational chemical company and the largest chemical producer in the world. The Triangle has broken through the resistance line on 27/05/2022, if the price holds above this level you can have a possible bullish price movement with a forecast for...
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...
Go for long as per Your setup with your risk to reward ratio. Obey your own rules or you will lose more.
Hello dear readers, Today I would like to look at the dividend share BASF Chart-technical assessment - BASF is building a bottom and thus a trend reversal. - Crossing the trend line and the last high are the first important steps. - Within the next weeks/months, I expect the share price to initially approach the sell zone and then to undergo a strong correction...
BASF has activated a second impulse structure with target price at 68.87€ +23% from current price.
Cup and Handle formation on daily chart. Go long with 1 year horizon. 2400 target and once crosses lifetime high of 2456 -- This could double after that
HI BIG PLAYERS, on this BASF chart I want present you my assumption for a developing Wolfe Wave pattern. Currently BASF is fighting against court decisions. This is why I think, the next 3 months it will be a shortsetup. After this, BASF will touch the support line. It is close to develop a bullish Wolfe Wave pattern and start a huge rising up movement....
Macro German industry in freefall - ESI Lower & PMIs lower. Consumer confidence lower, the chemical industry relies heavily on consumer products. China PMIs lower again. Micro 60% of sales are based in China/Europe new orders slowing "In China, the world’s largest automotive market, the decrease was more than twice as high, at around 13%." Profit warning 30%...
DE10Y vs BAS.DE : BASF stock price tends to lead German 10 year yields. Currently, BASF signals a rate spike is in the cards followed by another low in DE10Y
XETR:BAS Bullish Divergence could occur on BASF and needs to be watched. This goes against a weekly downtrend, so would be a short term bet to profit from the upswing. As soon as MACD ticks up from now again so completes the divergence and is a buying signal.
okay guys. this an update from october the 22nd (). now we have finish the impulse for the first and we can look for an update. in this chart we have a bar construction like a trendchange. it's important to know how it works. let us look the chart. we have two lines. one is red and one is blue. is the redline the first triggerpoint, so we look at the price at...