SAP AG Technical Analysis: Weekly Chart

In the weekly charts, SAP AG was trading in the down channel.
It is trading below all SMA.
The immediate support is 94.55 & the resistance level is at 99.63.
SAP AG was trading in the down channel before the breakout downside.
SAP AG Technical Analysis: Daily Chart

In the daily charts, SAP AG is trading in the down channel.
It is trading below all SMA.
The immediate support is 94.56 & the resistance level is 98.49.
SAP AG is trading in the down channel until there is a trend reversal.
How to Trade SAP AG this Week:
SAP AG will follow the downtrend until their trend reversal. So, remain bearish on SAP AG