SAP has been in a large upward trend. With a double bump and run, an island bottom, and a diamond bottom. Recently the price has been near a death cross however this has been averted with the recent price rise. Volume has recently seen a steady decline. Expect this bullish trend to continue.
Trend analysis: monthly - up weekly - up daily - up hourly - up can buy until it reaches a sell zone; most likely it will break through this sell zone and then it can be a long term buy
XETR:SAP SAP SE pretty much came back down from the hype of Elliott's investement. SAP said growth and operating margin gain were going to improve alot in 2020. Although I think it might dip lower to test shareholders and stop haunt, I feel safe going long, I will average down if it dips.
Clear uptrend and all time highs being broken D1 DZ created for longs
At least a couple of candles to go after this breakout, don't you think?
Rejecting trendline, 4hr bearish candle, RSI overbought with bearish divergence
SAP has suffered 3 downgrades recently and unfortunately this can only lead to price declines. From a charts perspective it looks like the B wave has just been completed of the correction phase, giving a target of $87 for the final 3 wave.
Bearish in short run -to bonce back to around 113 - 114. Period from: Feb 5 - Sept 20th Why: When looking at the six month chart it waffles before trending upward or downward. The waffles have become larger. By placing indicators at the end of large buys and sells, this gives you a range of how far the next break out is going to go.
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
The trend is running and running. Infineon looks outperforming and now that the DAX is consolidating there seems to be few risk on the downside.