BASF - SHORT TERM: WEAK, LONG TERM: STRONG, PREVAILING BIAS: NONE
BASF is losing its price and volume momentum in the short term. The long term charts remain strong though. There is no risk of a collapse till around 600. So if you have the stock keep a stop loss at a little above 600. If it falls below 600, its next support is at 500. Avoid for a day trade or a very shor term trade and wait for volumes to build up
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