4S0 trade ideas
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.
NOW: I see weakness and will take a loss on my calls tomorrowThis is coming down to 280 after er tomorrow imho.
ADX is giving me a clean signal.
NOW Retest BounceNOW has retested its old breakout level of $275. If it can hold a green candle but the close we can see a retest of the high at $293 with a potential stretch even higher. Retests give a second opportunity to get into stock after a breakout and give the momentum to go above the old breakout high.
NOW has support for breakoutPotential breakout above moderate support zone. If the price can hold above zone can have strong support while waiting for a breakout or selling a spread.
$NOW ShortLooks like a good short on the weekly LOG chart for $NOW -- top of channel, and way way way overdone
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 ;)
$NOW to $250 then fallNOW showing signs of RSI divergence and reaching psychological resistance level of $250. Expect it to get close/touch it then fall back down.
