NOW — Bullish Engulfing at Key Support

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NOW — Bullish Engulfing at Key SupportServiceNow, Inc.BATS:NOWibraheeemzNOW delivered a clean bullish rally from $85 to $138, and has since retraced back to that same support base — the original breakout and support zone. Today's bullish engulfing candle at this level is a strong signal that the pullback is finding its floor. Price is currently bumping against the daily resistance at $97, which may cause a brief pause or minor consolidation — but the structure remains intact as long as $89 holds on a daily closing basis. The road back up is layered with clear targets: $105 — first resistance $117 — intermediate target $127 — the critical zone where the daily EMA 200 will act as dynamic resistance and the real test begins 🎯 Targets: $105 → $117 → $127 🛑 Invalidation: Daily close below $89