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TrendBridge

SAP Long Idea

Long
SAP SE O.N. (XETR:SAP)  
TrendBridge Updated   
XETR:SAP   SAP SE O.N.
Support and Resistance Pivot Points SAP DAX Index
0
3
supportandresistance pivotpoints sap dax
Logic: Above 252D EMA & Yearly Pivot, confirmed uptrend.
Entry: €110-€111 area.
Stop: daily close below 21D EMA (€108.45, -2.29%) or (€104.50,-5.80%).
Target: €125
Comment:
Remains strong and appears well supported but seems to be losing steam at the
€120 's level. Can push higher but outlook is for limited upside from here.
Comment:
Target reached 23/6
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