SAP holding up surprisingly well near recent highs
Been watching $SAP lately, and I gotta say, it's holding up remarkably well. We're seeing it trade around 183.62 today, pushing towards the daily high of 184.06. What's interesting is how it's managed to stay elevated even with broader market jitters. From a purely TA perspective, this kind of consolidation near recent highs after a decent run often suggests underlying strength, not necessarily exhaustion. If it can clear that 184.06 area decisively and hold above it, especially on increasing volume, that could signal a continuation move higher. My concern, or the invalidation point, would be a swift rejection from these levels, particularly if it drops back below 178.00. A move under that mark, especially if accompanied by a strong bearish candle, would make me seriously reconsider any bullish lean.