SAP needs to break out or continue to downtrendSAP 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
4SAP trade ideas
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.
