Technical analysis BASF international exchanges a change of trend for medium/long term investors

Consenso del Mercado

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Technical analysis BASF international exchanges a change of trend for medium/long term investors

Consenso del Mercado Renta 4 German chemistry has begun to break the downward trend since the peaks of 2018, reaching peaks of the last three years. The reduction of its fluctuation since that year has caused an anomalous compression in its indicators and bands, a situation that often precedes the beginning of more intense movements in the medium/long term. The theoretical upward projection, in case of confirmation this rupture of the zone of 5…