NOW
⏳ ServiceNow is considered a long-term investment, currently trading near its 40-week moving average.
📈 The company tends to establish strong trends after breaking consolidations, as seen in its monthly chart.
✅ The analyst allows for more flexibility with ServiceNow, provided it remains above their entry point and continues to generate profit.
@VisionariosBolsa:
“In the case of ServiceNow, for example, we have it here in the area of the average of 40. It is a value that, as I say, is in the long term. It is a large company. It is a company that can do very well. It is a company that if you look at the monthly chart, tends to leave super good trends when it breaks consolidations. Therefore, in this case, we allow it to have a little more margin, as long as it stays above our entry point, as long as it is giving us money, which is the case, but, be careful, it is also important that we continue respecting that average.”
Watch the exact part of the video where Sito talks about ServiceNow here:
Watch the video on YouTube.
Read more articles by the world’s top 100 analysts on ServiceNow (NOW) at the following link. NOW stock.
