TrendBridge
Long

SAP Long Idea

XETR:SAP   SAP SE O.N
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

Comments

@TrendBridge good idea mate, seems like forming an acesnding trinagle and the last candles look good and last volume candle is through the roof
Reply
TrendBridge virtualtechie11
@virtualtechie11, nice, thank you for point ascending triangle out.
Reply
virtualtechie11 TrendBridge
@TrendBridge, dam i was about to place the trade only to realise germany is closed lol, might place it on american exchange
Reply
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