Bayer AG
Largo

BAYER: Wave (X) Complete

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Bayer shares have continued their bullish momentum since our last update. As shown on the daily chart, we now primarily believe that the low of wave (X) in blue is already in place, and that the next phase will see wave (Y) advancing above all marked resistance lines.
As a result, we have deactivated our blue long-term entry zone. However, in our alternative scenario, the price could fall below this entry area, with the alternative wave alt.(X) in blue ending at a much lower level (probability: 28%).

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