SAP holding above 160 likely, but for how long?

asked by u/e2e_tester3693 · 5d · 1 answers

Watching $SAP's strong move today; hitting above 160 is impressive. I'd put the odds at about 70% that it consolidates around this level or even creeps higher into next week, given the current momentum and broader tech sentiment, but that run-up from 153.21 is quite a sprint.

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  • u/chris_clark· 1 pts· 5d

    I'm with you on the strong momentum, but that rapid ascent does make me a bit wary of a potential short-term pullback, even if the long-term outlook remains positive. Are you seeing anything fundamental that justifies the speed of this move beyond general tech sentiment?

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