ServiceNow (
NOW) is starting to carve out a clean bottoming pattern, and the 110 break is the inflection point that flips this from repair mode into breakout mode.
🔹 The Setup:
Multiple days where every dip has been bought aggressively.
Tight consolidation forming a small base.
Break over 110 signals a potential base breakout from this bottoming structure.
This is the kind of action you want to see when a stock transitions from distribution to accumulation.
🔹 Sector Confirmation:
Software names are quietly leading again:
WDAY
HUBS
TEAM
When multiple names in the same group show relative strength, breakouts tend to stick.
🔹 My Trade Plan:
1️⃣ Entry: Added on the 110 break for a bottoming play.
2️⃣ Stop: At today’s low — tight, defined risk.
3️⃣ Management: If it holds and builds, I’ll look to size up on further structure.
🔹 Why I Like It:
Clean level.
Strong dip-buying behavior.
Sector tailwinds.
Tight risk with room to expand if momentum builds.
This looks like early-stage accumulation — and that’s where the best R/R lives.
NOW) is starting to carve out a clean bottoming pattern, and the 110 break is the inflection point that flips this from repair mode into breakout mode.🔹 The Setup:
Multiple days where every dip has been bought aggressively.
Tight consolidation forming a small base.
Break over 110 signals a potential base breakout from this bottoming structure.
This is the kind of action you want to see when a stock transitions from distribution to accumulation.
🔹 Sector Confirmation:
Software names are quietly leading again:
WDAYHUBSTEAMWhen multiple names in the same group show relative strength, breakouts tend to stick.
🔹 My Trade Plan:
1️⃣ Entry: Added on the 110 break for a bottoming play.
2️⃣ Stop: At today’s low — tight, defined risk.
3️⃣ Management: If it holds and builds, I’ll look to size up on further structure.
🔹 Why I Like It:
Clean level.
Strong dip-buying behavior.
Sector tailwinds.
Tight risk with room to expand if momentum builds.
This looks like early-stage accumulation — and that’s where the best R/R lives.
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗bullsonwallstreet.com/live-60-day-bootcamp
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน