BAY : Momentum should build when it breaks above 25.75

BAY opened high and closed on the session low at 24.80, but with good support at 24.50 down to 24.20 it is worth to buy should it come down a bit more.

There is however a stiff barrier at 25.50-25.75, but when it clears this range we think it will start to move with more vigor, and easily retest the January high at 28.25, with a move to 30-31 during Q2 looking possible to us.

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