ServiceNow (NOW) has been trending upwards within a well-defined ascending channel, a bullish structure that highlights the stock's ongoing momentum. The chart showcases key support, resistance levels, and potential price targets, offering actionable insights for traders and investors.
Chart Analysis: Key Observations
Ascending Channel Dynamics
ServiceNow's price action is neatly confined within an ascending channel, with higher highs and higher lows.
The lower boundary of the channel, around $1,042, acts as strong dynamic support.
Key Resistance Levels and Targets
Target 1: $1,106
Target 2: $1,134.80
Target 3: $1,212.02
SP: $1,042
What’s your perspective on ServiceNow’s next move? Share your insights in the comments!
⚠️ Disclaimer: This blog is for educational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
Chart Analysis: Key Observations
Ascending Channel Dynamics
ServiceNow's price action is neatly confined within an ascending channel, with higher highs and higher lows.
The lower boundary of the channel, around $1,042, acts as strong dynamic support.
Key Resistance Levels and Targets
Target 1: $1,106
Target 2: $1,134.80
Target 3: $1,212.02
SP: $1,042
What’s your perspective on ServiceNow’s next move? Share your insights in the comments!
⚠️ Disclaimer: This blog is for educational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.
交易結束：目標達成
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