Mendenmein-Capital

SAP - We are only getting started!

Long
XETR:SAP   SAP SE O.N.
Dear subscribers and visitors, welcome back to another insight on SAP. SAP

After a long break, we will take a look at the SAP share and our past purchases. Those who have followed my advice and analysis can enjoy a cumulative profit of 53.08% so far.

The past reports can be viewed by everyone. In these reports I predicted the current share price and advised to buy SAP.

In recent months, we have completed several 1-2 waves, which are very positive for the future of SAP.
In the following months and years we can further expect higher prices. Soon the all-time high will be within our reach and every investor should keep the purchased shares.

However a slight chance remains that the "orange" wave 2 isn't completed yet and we could fall back to prices reaching 115$-110$.
Nevertheless, no panic or fear should arise, because this would represent only a small correction

Keep in mind that this are buy and hold position - unleveraged and without a stop-loss.

Long 2#
Entry: 101.74
Profit target: 150 and more !
Stop-Loss: None - Buy and hold

Long 1#
Entry: 97.23
Profit target: 150 and more !
Stop-Loss: None - Buy and hold

If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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.