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N1OW34 trade ideas

NOW $600s Soon? Keep Watch!As you can tell, $566 is a key price in the past few months. We have seen double top bounces from $566 resistance. If we get past this level, say around $570, we can definitely see this stock going to $600. Be wary, this stock has shot back down from $566, so this is very important to see how the price moves in the upcoming days. Things to note, Daily chart, RSI showing overbought, we may get a slight dip once past $566. Currently have no position. Please let me know what you guys think in the comments. Let me know other stocks I can post. Thank you!
NYSE:NOW
by Smarter_Trades
$NOW Cup with Handle Watchlist - Updated.ServiceNow $NOW is an excellent example of the double bottom / Shake-out Plus 3 CANSLIM Style trade. While I missed that trade, the entry would have been between $485.64 to $508.76. That would have coincided well with he Gap up on June 9th when you also had a pocket pivot volume day. Even if one would have waited to reclaim the 200 DMA it would be close to the buy range and still an outstanding entry. However, I missed that trade and I have an unbendable rule of not chasing price. There looks to be a new opportunity forming. $NOW has formed a Cup Formation. There seems to be a reversal or stalling candle on June 24 (Closing in the lower range). Today there was some selling with price closing once again in the lower range of the day. I am hopeful that that will continue down for another 5% to 10% over the next 4 or 5 days. If it were to do that, it would be a textbook Cup with Handle formation. (And by the way, a retest of the original entry area, also quite common, hence the shake-out of weak hands.) I’ll be watching this next week. The proper buy point would be $558.85, just over the high of June 9th. However, I look for early entries and would buy when it breaks above the short-term downtrend line (if it performs near to how I’ve drawn the future downtrend. I hope this helps. These are my ideas and not investing / trading advice.
NYSE:NOWLong
by jaxdog
2
Looking for $NOW to pullback and make a "High Handle".Here's one for the watch list. I missed the break of the downtrend trade and I will not chase. I like ServiceNow as a company and the growth expected in the future. I am looking for this to pullback and create a handle on the latest cup formation. That would create a much needed shake-out of weak hands so the stock would be able to advance further with little selling resistance. And, if you look at the chart it also came out of a classic double bottom. "Ants" are also present on the chart. These indicate that the stock has upside momentum. These and other great indicators are available on @TradingView and programmed by @JohnMuchow . I left older uptrend lines in tact. Why? because I think there is a chance this will get back to it's older trend line. If that "were" to happen $NOW would be a big winner. ALL TBD. Ideas, not investing / trading advice.
NYSE:NOWLong
by jaxdog
Trading Idea - #ServicenowSHORT ENTRY: 467.00 USD TARGET: 389.00 USD (+16% profit) STOP: 516.00 USD ServiceNow, Inc. is a provider of cloud computing solutions that define, structure, manage, and automate services for global companies. The company offers a range of cloud-based services that automate the workflow within and between departments in a company. 1.) 463.00 USD is the support that needs to fall to get a more precise SHORT signal! Keep an eye on that!
NYSE:NOWShort
by Traderherz-Analytics