FiboTrader1

NOW: Big Buying Opportunity

Long
NYSE:NOW   ServiceNow, Inc.
I have long been a pessimist of this stock solely because of its high P/E, but after this weeks sell-off of almost 20% it's not a big gamble to go long here. With a gap created, I think it's feasible to see NOW to get back to $470 before shorting again.

If you see what I see you know why, but if not feel free to message me and I'll explain further. Trying to keep these posts short and sweet for us pro traders

Not financial advice
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