SAP - Buy and Hold !
Good morning fellow investors, today i want to take a look at the german SAP. 
SAP
In the past i never published an analysis on german DAX30 stocks, for the future i want to take a look at the most famous german companies.
SAP is one of the german "big-tech" stocks and had the most astonishing performance in the last years.
Just a few days ago SAP had it's yearly earnings report in which they forecasted miserable years to come. This costed them -20% of market value at the german stockmarket open.
In my opinion SAP is extremely cheap and it would be a shame if this opportunity gets passed aside.
Last friday i decided to make a longterm investment in SAP and bought a considerable amount of shares.
Keep in mind that this is a buy and hold position - unleveraged and without a stop-loss.
Current setup:
Entry: 97.23$
Profit target: 150$ and more !
Stop-Loss: None - Buy and hold
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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
SAPIn the past i never published an analysis on german DAX30 stocks, for the future i want to take a look at the most famous german companies.
SAP is one of the german "big-tech" stocks and had the most astonishing performance in the last years.
Just a few days ago SAP had it's yearly earnings report in which they forecasted miserable years to come. This costed them -20% of market value at the german stockmarket open.
In my opinion SAP is extremely cheap and it would be a shame if this opportunity gets passed aside.
Last friday i decided to make a longterm investment in SAP and bought a considerable amount of shares.
Keep in mind that this is a buy and hold position - unleveraged and without a stop-loss.
Current setup:
Entry: 97.23$
Profit target: 150$ and more !
Stop-Loss: None - Buy and hold
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
Trade active
Open as described - this is meant to be a longterm investment
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.