4S0 trade ideas
What NOW?NOW has released earnings few days ago with a surprise of around 95%!!! From yahoo finance news release we can read that the company is currently in the business of digitizing corporate operations but this represents just a little fraction of what the automation market will cover. ServiceNow will be the leader in the automation revolution and should achieve huge financial results. I wouldn't be surprise to see the stock keeping an upward trend for long time!
Although it's a bit expensive I would buy some and hold them for a while ;)
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
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