AcornWealthCorp

NOW - Negative downward momentum short from

Short
NYSE:NOW   ServiceNow, Inc.
Now seems forming a negative downward omentum setup along with negative Twiggs money flow divergence. It also has Plenty of selling but mostly around 5-20%. We think it will decline from here.


* Trade Criteria *
Date First Found- March 23, 2018
Pattern/Why- Upward channel breakdown, smart money short setup.
Entry Criteria- $52.46
Exit Criteria- $45.57
Stop Loss Criteria- $55.88
Indicator Notes- Twiggs money flow deep into the negative side.
Special Note- BIG selling - over 750 million dollars. Could consider $60 September Puts (currently $5.30)

Please check back for Trade updates. (Note: Trade update is little delayed here.)


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