BAYER AG NA O.N.Short
2017-07-09 - Bayer - Go Short
I suggest to go short and take profit at one of the support levels.
PRO:
1) Lots of volume on a bearish bar, it feels like the beginning of a mark down phase.
AGAINST:
1) The price gapped up twice before, so there may be strong support
2) I see alteast 3 support levels (the purple lines) (if all 3 of them get broken you can go short long time)
3) The price may bounce up again as soon as it hits the SMA200 (Dark Brown line)
PRO:
1) Lots of volume on a bearish bar, it feels like the beginning of a mark down phase.
AGAINST:
1) The price gapped up twice before, so there may be strong support
2) I see alteast 3 support levels (the purple lines) (if all 3 of them get broken you can go short long time)
3) The price may bounce up again as soon as it hits the SMA200 (Dark Brown line)
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.