1
SAP holding above 160 likely, but for how long?
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.
1 comments · 1 points
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?