Traders are watching this Double Bottom on NOW. Inspect the chart now.
Reversal pattern after a downtrend.
A clear signal has emerged for ServiceNow (NOW) on the daily chart. With a last close of $102.0, volatility remains active (-1.96%). Algorithmically, a Double Bottom structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $126.67, targeting $155.0 with support near $112.5 (R:R 2.0).
What is your outlook on NOW?