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Bayer with weekly PG

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Published: 20 Dec 2019 › Updated: 20 Dec 2019Bayer with weekly PG

Bayer with weekly PG

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Bayer has formed a PG on the weekly chart and is at the upper trigger.
In terms of charts, we are in a downward trend in the higher time units.
The PG would at least have the potential to reach the last lows at 83€ without endangering the downtrend, because it would only be broken at 123€.
My goal when we break out is not quite so far, but you could run a remaining position and hope for something like that.
We don't need to talk about fundamental things and the image of the company, this is pure speculation.

Trigger Weekly top = 70.46€
Trigger Weekly bottom side = 67.04€

Bayer hat auf dem Wochenchart eine PG gebildet und befindet sich an dem oberen Trigger.
Charttechnisch befinden wir uns in den übergeordneten Zeiteinheiten in einem Abwärtstrend.
Die PG hätte zumindest das Potential die letzten Tiefs bei 83€ anzulaufen, ohne den Abwärtstrend zu gefährden, denn der wäre erst bei 123€ gebrochen.
Mein Ziel wenn wir denn ausbrechen, ist nicht ganz so weit, jedoch könnte man ja eine Restposition laufen lassen und auf sowas hoffen.
Über fundamentale Dinge und das Image der Firma brauchen wir nicht reden, dies ist reine Spekulation.

Trigger Weekly Oberseite = 70.46€
Trigger Weekly Unterseite = 67.04€

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