Trading ideas for Bayer AG (XETRA) 06.08.2020
The price pivot zone of 55.70 is holding back sellers. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an oversold condition.
#BAYN rate online: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is formed, where wave A breaks through the inclined channel of the descending pattern.
Stop Loss under the price pivot zone of 55.70.
Target levels: 64.30; 73.50.
