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FEby u/fengliu·1dAnalysis

SAP's AI Strategy and the 175 Support Level

Watching $SAP closely here, especially after today's -2.75% dip, closing around 180.88. Their recent AI announcements, while strategically sound long-term, haven't quite translated into immediate market enthusiasm. I'm looking at the 175 level as a critical support. There's a decent chance, maybe 60-65%, that we'll test that level by month-end, especially if broader tech remains under some pressure or if the market starts to dig deeper into the timelines for their AI revenue contributions. The intraday low of 178.54 today suggests selling pressure is picking up, and a move towards that psychological and technical 175 level wouldn't surprise me. It’s not a given, but the probabilistic lean is there for a test rather than a strong rebound off current levels without new catalysts.

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AMu/aiman_mahmud·1d

Interesting call on SAP. I've been watching it too and agree the AI news hasn't fully landed yet. Do you think a test of 175 would be a good entry point, or are you expecting a bounce from there?

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