Traders are watching this Rounding Bottom on NOW. Inspect the chart now.
Gradual reversal from bearish to bullish.
Technical analysis of ServiceNow (NOW) reveals a significant setup. With a last close of $100.01, volatility remains active (-3.18%). The primary technical feature is a Rounding Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $110.83, targeting $140.42 with support near $96.03 (R:R 2.0).
What is your outlook on NOW?