NOW longThis is a long term investments
SL- red lines
TP- green lines
* please note that the overall market is in a critical point ( high risk) so please keep your stop loss in place.
G luck!
NOWW trade ideas
$NOW ... Yet nother majorly overdone tech stock at resistance$NOW gapped back into channel after a very clear inverse h&s... Now its sitting at the top channel line and ready to reverse imo.
NOW Gapped to new highs on massive volumeI will start building a position if price pulls back to gap support and add if price falls further to fill gap.
NOW Inverse H&S into longer term channel breakdown.I believe that $NOW will inverse h&s and retest the previously broken channel breaking down much further long term
NOW quality stock with earning coming uptesting 200 day
Zacks Rank: 3-Hold 3 Style Scores: F Value | A Growth | A Momentum | B VGM Industry Rank: Bottom 34%(168 out of 255) Industry: Computers - IT Services
Buy opportunity: ServiceNow bounces on MA100 and trend lineHi Traders!
NYSE:NOW just bounced back from the 100 Moving Average and ascending trend line.
It is on a clear uptrend (price > 100MA > 200MA).
Stochastic RSI is in oversold area.
Entry strategy: price cross above 190.70
If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!
Is the entry point for NOW now?
7% Potential
1-2% Stop Loss
Repeatedly bounce between the support and resistence of this ascending parallel channel
86.11% Chance NOW Will Go UpBased on my trading system "Consecutive System" (see my published scripts) NOW is looking like a solid buy.
Don't look $NOW - potential bounce or massive H&SOverall looks bullish and we should see a decent bounce here but if the channel fails massive H&S
NOW Detected possible increase in guidance!!!NOW: servicenow inc
2018-07-25 16:10:07
Detected possible increase in guidance
ServiceNow Inc SHORTShort from $176.08
Market Cap - $31.07B
Beta - 1.64
EPS - (0.87)
P/B - 52.48
- ServiceNow reported impressive 1Q18 results - both earnings and revenues increased YoY. However, the equity remains massively overstretched trading with a forward P/E of 55.33x.
- On top of a ridiculous forward P/E, ServiceNow is also trading with a price to book ratio of 52.48.
- The IT company faces massive competition in the non-ITSM markets by companies like salesforce.com and Oracle. Though they might have a competitive edge against their competition in the security response market - their HR and customer service solutions however face stiff competition from these companies. Non-ITSM is becoming a larger part to their revenue though the increasing competition can affect their growth. On top of this continuing losses and muted free cash flow growth is a concern.
- They have had losses over the past five years and have a deficit of $1.15bn at the end of 2017.
NeroTree Capital rates ServiceNow Inc as a SELL with a price target of $140.
NOW - Negative downward momentum short from $167.23 to $134.23NOW seems forming a negative downward momentum setup along with negative Twiggs money flow divergence. It also has Plenty of selling but mostly around 5-20%. We think it will decline from here.
To Play this August $150 Puts don’t look bad.
* Trade Criteria *
Date First Found- March 23, 2018
Pattern/Why- Negative downward momentum short
Entry Criteria- $167.23 (Hit March 23, 2018)
Exit Criteria- $134.23 or 200 day moving average.
Stop Loss Criteria- $178.23
Indicator Notes- Strong Twiggs money flow divergence
Special Note- Plenty of selling but mostly around 5-20%. August $150 Puts don’t look bad here.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
$NOW ServiceNow - Expecting breakout$NOW ServiceNow - Expecting breakout of triangle pattern to the upside. Earnings approaching 04/25.
NOW - Negative downward momentum short from $167.23 to $134.23NOW seems forming a negative downward momentum setup along with negative Twiggs money flow divergence. It also has Plenty of selling but mostly around 5-20%. We think it will decline from here.
To Play this August $150 Puts don’t look bad.
* Trade Criteria *
Date First Found- March 23, 2018
Pattern/Why- Negative downward momentum short
Entry Criteria- $167.23 (Hit March 23, 2018)
Exit Criteria- $134.23 or 200 day moving average.
Stop Loss Criteria- $178.23
Indicator Notes- Strong Twiggs money flow divergence
Special Note- Plenty of selling but mostly around 5-20%. August $150 Puts don’t look bad here.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
NOW - Negative downward momentum short from Now seems forming a negative downward omentum setup along with negative Twiggs money flow divergence. It also has Plenty of selling but mostly around 5-20%. We think it will decline from here.
* Trade Criteria *
Date First Found- March 23, 2018
Pattern/Why- Upward channel breakdown, smart money short setup.
Entry Criteria- $52.46
Exit Criteria- $45.57
Stop Loss Criteria- $55.88
Indicator Notes- Twiggs money flow deep into the negative side.
Special Note- BIG selling - over 750 million dollars. Could consider $60 September Puts (currently $5.30)
Please check back for Trade updates. (Note: Trade update is little delayed here.)
