SAP remains a core European enterprise software name, with its AI-driven cloud transition back in focus.
Technically, price has arrived at a level I’ve been waiting for for quite some time.
The strongest area on the current chart for a mid- to long-term investor to keep an eye on sits roughly between €180 and €206.
Why is this zone so important?
Because multiple technical criteria align in this area in a clean and compact way.
Criteria inside the highlighted box:
1. Channel projections — both larger and smaller structures.
2. Equal waves.
3. Fibonacci retracement (38.2%) — in strong long-term trends, these levels often act as key reaction zones.
4. Round number €200 — psychological levels matter, especially for long-term positioning.
5. Previous highs — the pause in early 2024 now starts to offer liquidity that can act as support.
6. Weekly EMA 200 — last, but definitely not least.
From a purely technical perspective, initiating a mid- to long-term position from this zone would not be a mistake. This clears the first filter — technical structure.
From here, fundamentals and your own thesis should take over.
My role is to make sure you don’t make technical mistakes, and at current levels,you don't.
If this was helpful, feel free to hit the LIKE / Boost button.
See you soon.
Cheers,
Vaido
Technically, price has arrived at a level I’ve been waiting for for quite some time.
The strongest area on the current chart for a mid- to long-term investor to keep an eye on sits roughly between €180 and €206.
Why is this zone so important?
Because multiple technical criteria align in this area in a clean and compact way.
Criteria inside the highlighted box:
1. Channel projections — both larger and smaller structures.
2. Equal waves.
3. Fibonacci retracement (38.2%) — in strong long-term trends, these levels often act as key reaction zones.
4. Round number €200 — psychological levels matter, especially for long-term positioning.
5. Previous highs — the pause in early 2024 now starts to offer liquidity that can act as support.
6. Weekly EMA 200 — last, but definitely not least.
From a purely technical perspective, initiating a mid- to long-term position from this zone would not be a mistake. This clears the first filter — technical structure.
From here, fundamentals and your own thesis should take over.
My role is to make sure you don’t make technical mistakes, and at current levels,you don't.
If this was helpful, feel free to hit the LIKE / Boost button.
See you soon.
Cheers,
Vaido
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.
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.