$NOW with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $NOW after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%. by EPSMomentum0
RectangleEarnings 7-27 AMC. Neutral pattern until a trendline is broken with a trend in that direction. Mid Rectangle is 463.02 and some use this level as a stop if trading inside the rectangle. No recommendation. EPS (FWD) 7.31 PE (FWD) 60.22 Div Rate (FWD) - Yield (FWD) - Short Interest 2.11% Market Cap $88.20B ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. It operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools. The company also provides information technology (IT) service management applications; IT service management product suite for enterprise’s employees, customers, and partners; IT business management product suite; IT operations management product that connects a customer’s physical and cloud-based IT infrastructure; IT Asset Management to automate IT asset lifecycles; and security operations that connects with internal and third party. In addition, it offers governance, risk, and compliance product to manage risk and resilience; human resources, legal, and workplace service delivery products; safe workplace applications; customer service management product; and field service management applications. Further, it provides App Engine product; IntegrationHub enables application to extend workflows; and professional, industry solutions, and customer support services. It serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education, and consumer products through direct sales team and resale partners. It has a strategic partnership with Celonis to help customers identify and prioritize processes that are suitable for automation. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. The company was founded in 2004 and is headquartered in Santa Clara, California.by lauralea442
NOW BUY for earnings runNOW continues to bounce off $406 ish support and hits a $511 ceiling within this range, oversold on several indicators no position yet. I would expect a bounce to 50 dma $461.66 then $468 to test cloud resistance. Service NOW reports earnings August 3, 2022Longby ShortSeller761
Buy NOWPre-Earnings Target = 498 Post Earnings Target = 556 /// Mid-Long term target coming off this expanded flat is upwards of 900Longby JerryMandersUpdated 220
NOW: Big Buying OpportunityI 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 adviceLongby FiboTrader11
$NOW Not Going to Be An Easy ShortThe bears are all over on this stock and the media are saying more downside is expected. I agree but not so quick. It is possible to get a short term upthrust to shakeout and then the price eventually would return to value level. If you are already a buyer, try to trim some on any strength when that presents. by raamraj110
NOW Beautiful looking chart, can hardly miss earnings, bounces off support nicely, can't fade this.Longby mattyd403113
NOW - short after break of red boxIf the curve is broken and the head and shoulder is broken then measured move to green box. The monthly MACD has crossed should help the bear case. If the bubble pattern plays out the below the black line. Lot of bubble out there.Shortby nsprphUpdated 222
NOW 460 PE head & shouldersIn a market where stocks like MU have a 7 PE getting taken to the woodshed one has to wonder how this can have a 460 PE!? I have traded service NOW for almost a year off and on both long and short, mostly short. Head & shoulder clear on chart as I posted 6 months ago, bear market rallies are an opportunity for bagholders to exit overpriced overvalued stocks. Shortby ShortSeller76Updated 1
Many Stocks Have Aleady Filled the Double GapsStocks like NOW have already filled the double gap. Most are now overbought on daily MACD's. IF markets start to sell off, MDB could fill the gaps on the downside.by chrisbrecher1
NOW - Fall to Major Trend LineNOW has developed a strong trend line on the daily timeframe it is quite above this line right now (solid white line) It has broken now below the dotted ascending white line, so I am assuming price decline will decline to the strong major trend line Three bottoms along this line will be in red circlesby Bixley2
Short Idea: ServiceNow ($NOW)Price close to 200EMA + Long term bearish scenario = Possible downtrend breakout and continuation. Shortby vieiraj140
NOW 450 PE head and shoulders bear market Service NOW stock looking tired from recently rally. Service NOW has posted great earnings repeatedly, no doubt. But 450 PE ratio is outrageous considering the bear market we are heading into. First target is $450, next target is a new 52 week low under $400Shortby ShortSeller76Updated 2
NOW for a bear market rally bounceI have only shorted this stock in the past because of the head and shoulders formation I have previously drawn out when stock was well into the $600's and failed to breach the $619 neck line. It's highly overvalued by PE metrics though they continue to grow and post blowout earnings. NOW is trading above the cloud and the bottom of the downward channel which should bounce to $523.35 before continuing lower.Longby ShortSeller76Updated 553
NOW- STRONG BUYNOW is bottoming as well and similarly as AMZN stochastic RSI is positive on weekly chart. This gives good room for a recovery back towards $ 500-525. Strategy BUY current $ 440-455 and take profit $ 515 for now. Longby peterbokma3
NOWSeems likely for NOW to fall to this weekly volume shelf at support before getting any meaningful bounce. Stocks continue to slide. 280-300 support is likely where it falls toShortby tslatrades2
$NOW with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NOW after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 83.33%. Longby EPSMomentum0
JICPT| Bullish setup of Now on sideway structureHello everyone. Now has got my attention as its price approached the bottom of the range, followed by a series of bullish candle sticks. On the weekly, it's rebounding from the long-term MA. On the daily, it's leaving the bottom area with $546 and $592 served as supply level. What do you think? Give me a like if you're with me. Longby JICPTUpdated 1
22/4/2022 NYSE NOWDesicion to Short. Entry Price = $475.30. Target Price=$488.80. Stop Price=$502.30.Shortby Airecap_Super330
$NOW with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NOW after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 80%.Longby EPSMomentum0
NOW failed to break neckline on head & shoulders= DEATH CROSS!!!Death cross officially printed last week, along with the Nasdaq. This is a SELL signal! Next stop $480. The PE has come all the way down to 491 lol. As multiples continue to compress on these high flyers this stock has a long road to go with many bounces and failed attempts to rally. Without help of the fed's perpetual 14 years of QE and artificially low interest rates these companies will have to learn to live within a budget without benefit endless free cash in this mother of all bubbles stock market casino!Shortby ShortSeller76Updated 113
Zigzag on NOW. NOWGoals 474, 424. Invalidation at 781 We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safeShortby Rykin_Capital0
NOW: Best Time to ShortI've been holding puts on this for a week now and it, like other tech stocks, are floating up in space in consolidation mode. This stock is one of the most volatile and I think it'll play out nicely when it drops. And it'll be a BIG drop. Looking at $480 as first target, then $411. Not financial adviceShortby FiboTrader1882