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14.10. 9:54_Signal UPDATE Bayer Short from 6.10. 12:06_TAKE PROFIT

SIGNAL TERMINATED – BAYER SHORT – TAKE PROFIT

ORIGINAL TEXT: Bayer Short. Shares of Bayer fell after announcing economic expectations for next year, warning that agricultural assets may need to be cut by nearly 10 billion euros ($ 11.7 billion), re-launching a debate on the benefits of taking over Monsanto. From the long-term perspective, the chart has broken the old supports and there is no reason to believe that the gap from last week will be filled.

Chart source: WebTrader

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