SAP - Double down

Dear subscribers and visitors, welcome back to another analysis on SAP. XETR:SAP

The price movement of SAP looks very good and last friday i decided to open up another long position.
I am convinced that we formed two solid 1-2 setups and will now start our journey to much higher prices.

Primary scenario:
In the next days and weeks we will reach prices above 110 or even more.
SAP is still massively undervalued and a longterm investment in this company will pay off.

Alternative scenario:
There is a possibility that we will correct back to prices ranging from 96-92.
However this will be only a short pit stop and we will start wave 3 from there.

Keep in mind that this is a 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
Trade active: Both positions are open like described...
Comment: We might see another wave 2 correction which will bring us to 95Euro.
Hold your positions, this correction won't last long.
If you should have any questions or want to get signals before i publish them on tradingview, feel free to contact me.


Totally agree. Also entered with 101,..
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out