Bayer
What's The Next Move For DARE?
Big news from Bayer and Dare today . Next thing to watch is for FDA approval and then if/when commercialization begins. Until then I think it's still very speculative. HOWEVER. important to note the chart. Last time it traded this high, it remained the case for a few weeks and then plummeted back down to earth. The last time it consistently traded around this price was way back in 2018. So could this mark a new, higher channel or another head fake?
"However, the fact remains that a commercialized drug in connection with a company like Bayer isn’t something to ignore. Dare could be entitled to as much as $310 million in milestone payments plus a tiered royalty structure. Does this make it one of the penny stocks to buy right now? That will be determined by the market reaction throughout the week, in my opinion. For now, at least, it seems like one of the penny stocks to watch to start the week."
Quote SOURCE: Best Penny Stocks To Watch This Week? 1 Up Over 210% This Year
DARE , OTC:BAYRY
Bayer one more push to the downside...(watchlist)I am expecting Bayer to make one more Push to the downside and then finishing a longterm ABC-Correction. If we are getting this last push into the orange area I will look for buying opportunities in this stock (price action). It could be a potential level to hold the stock for longer term as a ABC Correction should by then have completed.
Is Bayer Going To Need Aspirin For Their Roundup Issues?Bayer is a descending Triangle Chart Pattern
Strong support level has been re-tested several times
Continually lower highs puts pressure on this support level
Best patterns have dropping volume and volatility/ATR
Fewer traders are interested in this consolidatation
At some point expect an explosive breakout
Trade Plan
Wait for a close below the support level
Full trade size if volume is at average atr line
1/2 trade size as long as bar has 75% of average volume
Enter two trade
Both trades SL is 1.5xATR
1st trade TP is 1xATR
2nd trade no TP let profit run
When price hits 1st TP move 2nd trade AL to breakeven
Let profit run
If breakout candle is more than 1 ATR wait for price to retrace back towards 1 ATR level to enter
BAYER AG - Short signal Hey guys, here is an analysis for Bayer.
Bayer is a global company which act in healthcare and agriculture sectors with huge profit and this sector is good to invest, BUT.
Here could come time for SHORT our positions. This is a short term trade, because from long term i guess this company will grow and create value.
If we look at the chart, we can see value moving at the top of this bear channel. Right now, we are trading this stock at the value 99,2.
We are under 200 and 100 EMA (daily) and need to break 50 EMA.
Stoch RSI looks good for us, wer are in the overbuy area and curves has crossed.
MACD is neutral for us.
There was another sharp bullish channel, which has been created at the bottom and here was a chance it will break the big bear channel. But it seems that won't happened, because the value of stock is going out of the bullish yellow channel, but the value still can break the bearish one.
In this trade we risk a little and can reach a lot.
In the middle of this channel we could spot good fundamental news for Bayer and it caused big bullish gap.
Instructions:
Short: 98-101
Stop loss: 102
Take profit:
1) 97
2) 95.3
3) 91.7
4) 89
5) 86
This is low risk trade, because we have set a small SL, but i belief we can get nice profit from this trade. Good luck guys.
BUY BAYER TOMORROW MORNING LAST CHANCE B4 100 ladsMy two other long recommendations have been correct. My third one will be as well.
As you can see, the stock BAYN bounces around the former support that I have drawn in the second recommendation.
On Friday, the stock closed with a positive DOJI, just over the support line. Since the stock will open higher on Monday, I suggest that you open a long order @97.8€ per share to be able to get in before it breaks through 100€.
Bayer AG has since two weeks become one of my favorite stocks since it has become very technical. It also is my biggest position within my portfolio.
Hence: BAY BAYER ;)
thank me in two months:) uk.tradingview.com
BUY BAYER AG before it hits the 100€ mark again ppzSince I published the Idea of longing BAYN, its stock price has risen 5€ per share.
The next short-term prediction is around 99-100, where it will break out and reach its target price of 120€ per share.
BUY BAYER, and see it as e pre-Christmas present of my part.
CHART:
uk.tradingview.com
YOUR GREG
Bayer Buy IdeaW1 - Double wave down, Price moving higher after reaching critical zone. Bullish divergence formed.
D1 - Special cycle completed, we may expect the price to reach 50% retrace.
H4 - False break on the bottom and also a false break on the top with convergence. Possible push to upside or at least in a corrective range.
As long as the low at 102.11 holds, we can look for buys until price reaches 38.2% and 50% of daily special cycle.
H1 - If we get a break above 104.84 and creates higher highs, we can then start looking for buys.
Bayer Buy IdeaH4 - We have a classical scenario divergence followed by convergence.
We saw two waves up already.
Breakout of the range that formed after the first bullish leg.
Price is now consolidating and divergence has started forming.
H1 - There is a down trend line to follow
There is already continuing divergence forming.
I expect the price to find a bottom around 108.85 - 109.50 zone.
Breakout of the trendline could provide buys but only after the zone mentioned above has been reached
To be more conservative use the double TL principle.
Bayer stock facing upside pressureBayer have just taken over Monsanto. This is huge as it brings together two of the biggest pharmaceutical firms globally. Looking technically, I can see some severe upside where investors look to pile into this now global powerhouse (takeover valued at $68bn). I would expect a rally to $112 based off of current market structure and the bullish harami pattern. I would also like to see end of week volumes finish extremely high.