SAP
UBT Long short term play My Current Trade Plan UBT:
Accumulation zone .80 to 1.30 target build from 10000 - 15000 - (make it stack)
Currently at 1.07$
Resistance @ 2.37$
Support 0.80$
Target $3.12 sell off 10%
re-test for 7.00-9.12 sell off 10%
Hodl to 50$ then another 10%
Fundamentals -
Team has actually built something to rival; DOT, ATOM, SOL, CELO; even better yet real clients and established businesses such CONA, integrations with SAP, EY and Service Now as well
Big brained team (ties with Consensys aka Baseline), who've partnered with Concircle and Provide who actually BULDI - Baseledger for Baseline.... BASELINE.... which is said to be used by enterprises previously mentioned theres so miuch more to be said but simply; 150 million tokens available to buy – no more to be minted – with clients having fiat and private custodial via Coinbase to use service, plus staking, its inventible... BTFD
Enjoy
SAP ready for a slow n steady climb back up ? SAP was until recently the largest tech company in Europe, Now replaced by PROSUS but after a disappointing Q3 earnings it fell 20%+.
Total revenue fell 4% to €6.54 billion, cloud and software revenue fell 2% and operating profit fell 12%. However, Pure-cloud services grew 11%, to €1.98 billion.
SAP’s revenue was around €300 million under expectations, though per-share profit beat expectations.
“Over the next two years, we expect to see muted growth of revenue accompanied by a flat to slightly lower operating profit. After 2022 momentum will pick up considerably though. Initial headwinds of the accelerated cloud transition will start to turn into tailwinds for revenue and profit. That translates to accelerated revenue growth and double digit operating profit growth from 2023 onwards,” SAP CFO Luka Mucic said in a call with analysts.
Looking to scale in when price is in BUY ZONE (purple box), with Entry target of $100. Stop Loss $90. Exit target MINIMUM 2:1 RR , look at levels to find an exit.
This will probably be a longer term play due to the revised forecast targets being pushed back from 2023 to 2025
THIS IS NOT FINANCIAL ADVICE, JUST A RANDOM IDEA
$SAP #SAP ... all hands on deck! Support area is 89 -79 USDHi and welcome to my analysis on SAP (NYSE, USD).
Yes, we had some news from the software provider that attracted sellers. Trading in Germany on XETRA is closed and no prisoners were taken...
In my first chart you can see a broadening top in the stock. SAP was not able to activate this formation to the upside in September...the upper trendline produced heavy resistance and forced a minor reversal...
In combination with a bearish engulfing pattern as per end of September...
...and last week's break below the KAMA21 the stage was set for a downturn...
The lower megaphone supportline is at 89 USD...this is a target if the bears remain in control.
POC (2016 to date) is showing the point of control around 79 USD.
Would be nice if you support me with a thumbs up and follow me...
Best,
Tom Jansen
Chief Investor-Guard
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The information provided here is of a general nature and not legal, tax or investment advice.
SAP (This Is What A FREE FALL Looks like!!)This Is What A FREE FALL Looks like!
this is a stark reminder to those who are new into trading, especially to those came into the market in the recent month, without understanding the vicious nature of the stock market.
YOU simply do not have time to GET OUT.
Sooner or later, the market will show you the importance of risk management.
Be Warned.
SPX Setup Rebound to 3500 area.US500 - Short term - We look to Buy a break of 3469 (stop at 3455)
We are trading at oversold extremes. Prices have reacted from 3442. Bespoke resistance is located at 3469. A break of 3469 is needed to confirm follow through bullish momentum. We have a 61.8% Fibonacci pullback level of 3509 from 3550 to 3442. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 3509 and 3520
Resistance: 3469 / 3496 / 3509
Support: 3465 / 3460 / 3455
SAP, Pull-Back Since New Highs, These Are Preliminary Level!Hello Traders Investors And Community, welcome to this analysis where we are looking at the stock SAP and what to expect from it the next time. As the main market has recovered from the heavy corona crashes seen this year so also some stocks better some worse, everything that has a huge digitalization quote recovered good from the breakdowns and shown a decent growth as more and more people rely on modern technology and the opportunities arising out of it. The big question is now how long this will hold on and if there comes new bearishness into the market as the crisis is still going on and there are still many divergences between real economy and stocks, in this case also when this possibly happens which need to be considered in order to be prepared rightfully. In SAP I found some important signals which making a possible continuation firstly to the upside possible before bigger pull-backs can be considered within a more likelihood range.
As you can watch when looking at my chart is that the stock has just formed new highs within a growth since the corona-lows saw this year. Currently, there is bearish pressure entering the surface pulling the trend back and testing lower supports that need to behold when considering a bullish continuation in the middle-term-perspective. The crucial support in this structure is the support which formed by previous all-time-high price-action at the 128.5 level where the stock consolidates also with the 50-EMA in red together these levels forming a coherent support-cluster here which is marked in orange when the stock holds this cluster and bounces from there the potential for the final wave five to the upside will be given. When this happens we need to elevate and see how the stock approaches higher resistance levels and if there can be a continuation or a bigger pull-back waiting in the start-holes.
In this manner, thank you for watching, support for more market insight, have a great day, and all the best to you!
Information provided is only educational and should not be used to take action in the markets.
SAPPI is buy This is not a financial advise.
These are my thoughts on Sappi Long hold -
Would you buy this gem ?
Monthly sitting on the historical support.
This is as easy as it gets.
Wait for the break
buy the retest.
$SAP #SAP #JSESAP #SAPPI $JSESAP #JSE $JSE
Goodluck
Follow me on twitter @muazcoin
Be careful investors..As Benjamin Graham says: History repeats itself..
What goes up, must fall. Already in the 1970s he knew it from the centuries-old market history, had and still has the right (00-02, 08, and many others before).
Second half of 2018 is not healthy correction for me. Most of big players are overpriced (for me).
Another big correction is needed and will come, but.... WHEN? ;)
It looks like the market is losing power.
SAP Averted Death CrossSAP has been in a large upward trend. With a double bump and run, an island bottom, and a diamond bottom. Recently the price has been near a death cross however this has been averted with the recent price rise. Volume has recently seen a steady decline. Expect this bullish trend to continue.