goledger

NOW continued weakness

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goledger 已更新   
NYSE:NOW   ServiceNow, Inc.
Don't believe that it is breaking down, but continues to be weaker than overall market. Has good track record for previous times that it has broken 50day ma. Cautiously long with May $500 calls
評論:
Chart shows 1 std dev linear regression. Note: current price is falling outside of 2 std dev channel.
評論:
Haven't bailed on $NOW for now, but did reduced holdings. Preferring $INTU in Technology Software Applications sector. I will add back to $NOW position if it falls to (or below) $490.

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