SAP SE ADS NYSE:​SAP

short term boolish, then correction followed by bull run

Jugdment of their scandal and change of their tech. but this is necessary to provide new tech. in the incoming "new age"

Its supposed to be one of the stocks in the proposed blockchain etf

Chart says it all

After the Range Breakout in Juli SAP hit a new high around 92,70. Breakout was confirmed in November. Gap is still open - bullish. Buying the next breakout above 92,70 on a daily basis could accelerate the rally once again and carry SAP to new highs around 103. SAP has a market capitalisation of about 103 Mio. Euro and is the number one DAX ...

Bearish divergence on the OBV indicator and we have stuck right at a major resistance area shows we probably will pull back

SAP needs to break out current 70-75 level or continue to prolonged downtrend with key supports at 60-ish and 55-ish meaning ~20% downside by Sep'15

SAP

Check out SAP AG on the NYSE. Currently trading with a safety margin of 22% below its value with a nice strong buy signal on the weekly chart on SAP AG in the German Stock Exchange. You can trade on either the Frankfurt Stock Exchange or the New York Stop Exchange Buy at Market Put a stop loss at $70.00 Profit target at $84.00 Our risk reward is 3 to 1.