NOW - ShortLooking over the broader market, I am leaning towards the three up days as a bounce. I will be waiting for the trend to break. Looking at at 10% short.
4S0 trade ideas
NOW - LongServiceNow (NOW) retraced to complete a Wave 4 of 5 impulse move. In the process, it filled the gap created by the impulse move from Wave. Target 390-400 by mid to early April.
Swing NOWName Servicenow Inc
Symbol NOW
Price to Activate $357.01
Stop Loss $332.01
1st Target $385.57
2nd Target $428.41
The Market closed down today. The S&P 500 Index hit a new high. After hours NVDA is up over 6%. NVDA is up over 19% in our portfolio. Our stock pick for tomorrow is NOW. Have a great evening and happy trading!
- Bernard
Service now on breakout watchlist Entry level $295 - Target price $331 = Stop loss $287
Possible breakout imminent above $300.
Short term target at multiple Fibonacci levels.
all indicators bullish and rising but needs some significant volume to breakout past previous high $304.
A strong market could see the stock hit $375.
Is now the time to long Servicenow ? Entry level on breakout from a possible inverse head&shoulders pattern.
Await to see if volume picks up and await a back test for entry.
Golden cross completed confirming bullish mentality
Company profile
ServiceNow, Inc. engages in the provision of enterprise cloud computing solutions. It offers customer and facilities service management, orchestration core, service mapping, cloud and portfolio management, edge encryption, performance analytics, service portal designer, visual task boards and configuration management database. The firm offers its solutions for the industries under the categories of Healthcare, Education, Government and Financial services. The company was founded by Frederic B. Luddy in June 2004 and is headquartered in Santa Clara, CA.
NOWCouldn’t push out of 283 and broke down forming descending wedge. Now supported at 265 level. If this level is held, 270 is next level of resistance. 260 is next support if 265 level breaks down
Update on NOWPosted the gap fill yesterday. I want to see the close but possible reversal on daily forming
Busy chartchart has a lot going on but Im looking for a crack of 269.62 for a gap fill to 266.31, possible calls from there
breakout into gap fillPosted this chart last week but an updated chart for a potential new trade. Gap fill starts at 260.75, it may not break the first attempt but this stock has a history of ripping higher. Software has been strong and this one is a leader.
Call Spread NOWNOW call spread 247.5/255
Cost of spread was $3.33 Max gain is 4.17.
Target is $200 max loss is $150 if it goes lower
Nov 29 is expiry. Looks good fell low but pulling back strong.
$NOW To much action to handle for investors in Service NowOMG the action in NYSE:NOW is the reason why we love and hate trading, surly multiple stop losses got hit on the sudden drop and then we see the stock rally back up 23% from the lows.
Today the company posted quarterly earnings of $0.99 per share, Estimate of $0.89 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 11.24%. A quarter ago, it was expected that this maker of software that automates companies' technology operations would post earnings of $0.64 per share when it actually produced earnings of $0.71, delivering a surprise of 10.94%.
New Ceo is taking over a very strong company and brings a wealth of experience and contacts which will boost the company internationally.
$NOW Long Service Now into earnings. Can former SAP CEO Bill McDermott bring further growth to NOW with his wealth or experience and contacts ?
Given the reversal from the oversold conditions we think it is a good short term bet into earnings. Possible 20% upside potential.
Average analysts price target $309 | BUY rating.
Company profile
ServiceNow, Inc. engages in the provision of enterprise cloud computing solutions. It offers customer and facilities service management, orchestration core, service mapping, cloud and portfolio management, edge encryption, performance analytics, service portal designer, visual task boards and configuration management database. The firm offers its solutions for the industries under the categories of Healthcare, Education, Government and Financial services. The company was founded by Frederic B. Luddy in June 2004 and is headquartered in Santa Clara, CA.
NOW - Can we get some service now please?Let's see, earnings after market close, recent analyst downgrades over last week or so, & CEO just left to take over at NKE . What does the chart say?
You may have a head & shoulders pattern but that right shoulder is a bit ugly. If you do believe it is an H&S pattern, then the price target is $198.30 which would take the price back to fill the gap from January 30th. From a Fibonacci extension perspective, the price is currently around the 100% level while hitting support from the gap up back in January. This could be an ideal area to see a bounce before any continued declines.
New CEO claiming they want to be heavy on acquisitions so take what you will from that.
NOW Head and ShouldersNOW is forming the right shoulder of a head and shoulders pattern. If it can complete the right shoulder, we can expect a break of the neckline to $241 area where it will run into some support and meet up with the 200 moving average. This trade is 2:1 on risk. May take some profits once it hits the neckline.
