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 heavyweight.
Breakout of SAP would help to carry DAX further towards and potentially above the ATH at about 12.400.
succsessful trades!
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 heavyweight.
Breakout of SAP would help to carry DAX further towards and potentially above the ATH at about 12.400.
succsessful trades!