Sap Stock Next MoveI 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
SAP trade ideas
Buy the next breakout above 93,30 on a daily basisAfter 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 heavyweight.
Breakout of SAP would help to carry DAX further towards and potentially above the ATH at about 12.400.
succsessful trades!
Buy SAP SpoonFed Investor Community TradeCheck 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.
