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