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Bayer: heavy relapse on 54E, risk of skidding towards 51.6E


(CercleFinance.com) – Bayer, which ricochets below 59E, suffered a heavy relapse to 54E, ie -8% in 48 hours, which weighs on the Euro-Stoxx50.
The stock threatens the low of 54.4E on July 14 and could dip towards 51.66E, the former ‘gap’ of March 8 before retracing the annual low of 50E on March 7.

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