The PEAD projected a Bullish outlook for $SAP after a Positive Under-Reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
trend + will continiue to near 180 euro
if you are midterm trader,investor , SAP is safe for buy and hold 7-8 month
we predict SAP will see above 300$ 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
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
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...
📌Short intro:
Simple ideas - No junk * Full time trader - analyst * High accuracy of ideas * Technically and Fudnamentally side in analysis * Comment if have any questions or like if want to send support * FX - STOCK - CRYPTO *
💡 SAP technically based idea, we can see price is bounce from bottom trend line, technically indicators showing we can expect higher...
The PEAD projected a Bearish outlook for $SAP after a negative over reaction following its earnings release placing the stock in Drift C
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
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 )...
