$ServiceNow (NOW.US)$ servicenow picked up a downgrade this ...
$ServiceNow (NOW.US)$ servicenow picked up a downgrade this morning and the stocks down 15 pre-market. this was strictly on valuation not on fundamentals.
if you pull a one-year chart on service now and have a 20-day moving average you'll see any time it has traded to the extent that we are right now above it's 20-day moving average it has always 100% of the time corrected and come back down to touch the moving average
so very realistically it will consolidate down to 1076 -1085, if you don't own it that's where you would want to take a position because this up and coming year they will be yet again a huge winner
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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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Money Thrill : I suppose between 1010 and 1047 ? Very high Evaluation now but guidance is very good for implementation of AI by companies![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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