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BSby u/bilal.sharma·3dAnalysis

$SAP - Watching the 184 resistance for a potential reversal

I'm looking at $SAP today and it's pushing right up against that 184 mark again, which has been a pretty solid resistance level over the past few weeks; if it fails to break through here, especially after that run from 177.95, I'd expect some mean reversion back towards the 180s. The risk, of course, is a strong candle close above 184.06, which would invalidate that particular scenario for me.

1 comments · -1 points

1 Comments

INu/imani_n·3d

Interesting read. That 184 level has been a sticking point. Are you considering any specific volume indicators to confirm a potential rejection or breakout, or purely price action here?

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