Bayer AG (#BAYN) just found intraday support at the strong combined support area located between the strong support level 51.89 (its strength is rated by Selected Alpha at 247 RealStrength points), which also reversed the price in the middle of March and the lower daily Bollinger Band. The total strength of this support zone is a massive 500 RealStrength points – making it the 4th price support zones which are currently tracked by Selected Alpha in PivotWatcher Macro dashboard. The strongest nearby support zone is currently approached by Mexican Peso (USDMXN).
The top nearby price zones are shown in the following table. The pivots are the nearby support/resistance levels inside these price areas.
|Mexican Peso (USDMXN)||19.7987||29||755||Level|
|PepsiCo (PEP)||148.4479||410||541||Up Bollinger Band|
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