Learn to Evaluate (SAP) using the Charts

November 25, 2024, 14:36 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for SAP

• Buy SAP near 233.72 target 245.33 stop loss @ 233.05 Details

The technical summary data tells us to buy SAP near 233.72 with an upside target of 245.33. This data also tells us to set a stop loss @ 233.05 to protect against excessive loss in case the stock begins to move against the trade. 233.72 is the first level of support below 234.32 , and by rule, any test of support is a buy signal. In this case, support 233.72 is being tested, a buy signal would exist.

• Short SAP slightly under 245.33, target 233.72, stop loss @ 246.04 Details

The technical summary data is suggesting a short of SAP as it gets near 245.33 with a downside target of 233.72. We should have a stop loss in place at 246.04though. 245.33 is the first level of resistance above 234.32, and by rule, any test of resistance is a short signal. In this case, if resistance 245.33 is being tested, a short signal would exist.

Swing Trading Plans for SAP

• Buy SAP slightly over 235.32, target 245.33, Stop Loss @ 234.64 Details

If 235.32 begins to break higher, the technical summary data tells us to buy SAP just slightly over 235.32, with an upside target of 245.33. The data also tells us to set a stop loss @ 234.64 in case the stock turns against the trade. 235.32 is the first level of resistance above 234.32, and by rule, any break above resistance is a buy signal. In this case, 235.32, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SAP slightly near 235.32, target 233.72, Stop Loss @ 236. Details

The technical summary data is suggesting a short of SAP if it tests 235.32 with a downside target of 233.72. We should have a stop loss in place at 236 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 235.32, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for SAP

• Buy SAP slightly over 235.32, target 235.99, Stop Loss @ 234.77 Details

If 235.32 begins to break higher, the technical summary data tells us to buy SAP just slightly over 235.32, with an upside target of 235.99. The data also tells us to set a stop loss @ 234.77 in case the stock turns against the trade. 235.32 is the first level of resistance above 234.32, and by rule, any break above resistance is a buy signal. In this case, 235.32, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short SAP slightly near 235.32, target 233.72, Stop Loss @ 235.87. Details

The technical summary data is suggesting a short of SAP if it tests 235.32 with a downside target of 233.72. We should have a stop loss in place at 235.87 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 235.32, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Sap Se Ads (SAP) available here: SAP.

SAP Ratings for November 25:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	221.52
P2	235.99	228.99	233.72
P3	237.62	235.32	245.33

AI Generated Signals for SAP

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Sap Se Ads (NYSE: SAP) report below can help you understand how to do this. The trading plans for SAP, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.