(CercleFinance.com) – Has Bayer just found a historic low at 25.9E?
The stock had lost up to 23% since January 1 during the session on March 7 (25.65E) before recovering above 26.6E.
The stock had just lost 55% since mid-April 2023 and seemed to be heading towards 22.5E (-61.8%): to escape its downward spiral, the stock would need to cross 30.55E again (floor of 28/ 11/2023) then especially the 40E (ex-floor at the end of October 2020 and medium-term oblique resistance).
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