ServiceNow: Growing Fund Ownership
Fundamentals:
A strong company with increasing number of funds clamoring for its stock. I also like its sales and earnings, its strength relative to the S&P500, and its forward-looking est. growth in 2024. Return on equity is about 35%.
Technicals:
Week of Sept 25th hammer candle and Week of October 23 engulfing candle with huge volume produced a bottom. Then, a recent breakout, confirming the support.
Confluence:
a-b-c equal legs completion
uHd
Extreme Bottoming indicator
Price in double G-TAZ zone
First pb of new trend up
A strong company with increasing number of funds clamoring for its stock. I also like its sales and earnings, its strength relative to the S&P500, and its forward-looking est. growth in 2024. Return on equity is about 35%.
Technicals:
Week of Sept 25th hammer candle and Week of October 23 engulfing candle with huge volume produced a bottom. Then, a recent breakout, confirming the support.
Confluence:
a-b-c equal legs completion
uHd
Extreme Bottoming indicator
Price in double G-TAZ zone
First pb of new trend up
Catatan
1st target almost reached. Moved stop to break-even...
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.