trend + will continiue to near 180 euro
if you are midterm trader,investor , SAP is safe for buy and hold 7-8 month
we predict SAP will see above 300$ in near 2 year
The PEAD projected a Bullish outlook for $SAP after a Negative Under reaction following its earnings release placing the stock in drift A
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BUY
Entry: 119.50 EUR
Target: 135.66 EUR (+13.5%)
Stop Loss: 111.50 EUR
1.) technically SAP closes the gap at 122.44 EUR. A correction is expected to the 0.382 Fibonacci Retracement level (114.82 EUR). Trend continuation!
2.) The recently published quarterly figures allow us to assume a BUY rating.
3.) The cloud business is accelerating at SAP.
SAP has seen a major drop over the last week ~30% (with still some further room to decline. Shall this occur, and the opportunity becomes even more attractive). This is a strong company with solid fundamentals and margin for growth (mainly driven by its cloud business). Furthermore, it is highly correlated with the DAX (and tends to outperform it). Thus, shall you...
The PEAD projected a Bearish outlook for $SAP after a negative over reaction following its earnings release placing the stock in Drift C
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Upward trend is still intact between two blue lines (first support line and upper resistance line). Long-term looks good. Chart is self explanatory.
This is not financial advice.
Hey guys!
Today SAP published it's dividends for this year. Fundamentally SAP is profitable and highered the dividends. Also there is this immense gap. This is about to be filled.
Trade with care. This is not financial advice.
Since 22nd of October 2020 the stock has a bullish trend below the SMA 200 line. It seems it will consolidate and cross or bounce from that line in a couple of weeks.
Considering the low volume areas in between 115€ - 120€ and even more low volume between 125€ - 135€ the stock has potential to go up very fast.
The recent news and IPO of Qualtrics ( NASDAQ:XM )...
SAP is planning a spinoff which could push the stock higher short term
price broke above 129$ area which acted as resistance
aiming to close the gap with 140 as intermidiate resistance
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...
SAP es una compañía con mas de 40 años en el mercado que se dedica a desarrollar software de aplicaciones empresariales de extremo a extremo
La compañía presentó resultados de tercer trimestre hace unos días mostrando pérdidas de 4% respecto al trimestre del año pasado, sin embargo, la acción retrocedió 29%. Esto se debe a un recorte de guidance para el año...
$SAP bounced nicely around .786 FIB. Going Forward, this should act as key support. Currently oversold. IMO $SAP had an over correction after earnings, despite ending with lower revenue than expected. There is a huge GAP to fill.
Stop-loss and targets are given in the chart.
