After this good day for SAP it looks more bullish now again. I am sorry for the short comments but it is very much unconvenient to write without seeing the chart now. The more that your comment written already will diappear when you revert to the chart in the meantime. I've reported this as a bug. If you also dislike this new "feature", please report it as well.
I am expecting a $1 or .50 cent Drop onto it let us see how it reacts it is a good looking one all bears are coming in so i am short.!!! Good Luck Muze
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
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.