ServiceNow, Inc.
Long
Updated

NOW — Bullish Engulfing at Key Support

1 563
NOW delivered a clean bullish rally from $85 to $138, and has since retraced back to that same support base — the original breakout and support zone. Today's bullish engulfing candle at this level is a strong signal that the pullback is finding its floor.
Price is currently bumping against the daily resistance at $97, which may cause a brief pause or minor consolidation — but the structure remains intact as long as $89 holds on a daily closing basis.
The road back up is layered with clear targets:

$105 — first resistance
$117 — intermediate target
$127 — the critical zone where the daily EMA 200 will act as dynamic resistance and the real test begins

🎯 Targets: $105 → $117 → $127

🛑 Invalidation: Daily close below $89
Trade active
on the move.
Note
Hits first target
Note
NOW is not disappointing
Trade closed: target reached
NOW did hit TP2 . SL increased below 105, profit booked partially.
Note
hitting higher targets.
Note
hits 138- the final target for now. will have to watch for clean breakout of trendline for higher rallies.

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