SAP AG: WEEKLY SCENARIO – 23 February 2022

SAP AG Technical Analysis

SAP AG Technical Analysis: Weekly Chart

SAP AG Technical Analysis

In the weekly charts, SAP AG is trading in the down channel.

It is trading below all SMA.

The immediate support is 97.29 & the resistance level is at 102.68.

SAP AG is trading in the down channel until there is a trend reversal.

SAP AG Technical Analysis: Daily Chart

SAP AG Technical Analysis

In the daily charts, SAP AG is trading in the down channel.

It is trading below all SMA.

The immediate support is 99.73 & the resistance level is 104.75.

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

TRADE SUGGESTION- SELL AT 100.65, TAKE PROFIT AT 97.29 AND STOP LOSS AT 104.75

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