SAP Long Idea
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
Entry: €110-€111 area.
Stop: daily close below 21D EMA (€108.45, -2.29%) or (€104.50,-5.80%).
Target: €125
Note
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.
Note
Target reached 23/6
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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.