SAP broke above a complex consolidation this morning. This is teh second trading opportunity within the last couple months. Like that we had a little false downside breakout recently which was followed by aggressive buying the last two days. Target is conservative and may be used. Can also utilize ATR Stops as a trail...if price closes below the indicator line, move the stop loss to just below the low of that day.
COmpany has been growing earnings quite nicely for last several years.