SAP SE O.N.
Long

SAP: Macro Potential

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Political uncertainty and questionable economic policies from the U.S. administration are eroding investor confidence globally, prompting a search for more reliable investment opportunities outside the U.S.

Currently, the performance of European stock markets is outpacing that of the U.S. markets. For example, the ETF tracking major German stocks (ETF DAX) has been trading at historical highs for the second consecutive week, while
U.S. markets have merely recovered from their initial tariff-related declines.

One of the most promising medium-term investment ideas in the European equity market right now, in my opinion, is SAP (SAP)
• Quarterly revenue and profit growth dynamics and forecasts
• Relative price strength
• Signs of accumulation by major funds

The macro trend structure of SAP also shows interesting potential
Weekly chart:
snapshot

Monthly chart:
snapshot

Thank you for your attention and I wish you successful trading decisions!

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