Swing: Bayer Crop
A cup and handle pattern is about to form. However the alligator's lip-teeth-jaw are coming closer and coming flattish slowly. That's a concern. Also there is no upsurge of the volume.
If it breakout the neckline of 5450, it may go up.
On the other hand, a breakdown below 5200 can pull it down further.
If it breakout the neckline of 5450, it may go up.
On the other hand, a breakdown below 5200 can pull it down further.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.