Buy opportunity: ServiceNow bounces on MA100 and trend line

Hi Traders!

NOW just bounced back from the 100 Moving Average and ascending trend line.

It is on a clear uptrend (price > 100MA > 200MA).

Stochastic RSI is in oversold area.

Entry strategy: price cross above 190.70


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Trade attivo:

Price reached the entry level.

Commento:

Price is nicely climbing up. Stop loss level can move to entry, if someone wants to minimize the risk.

Trade chiuso: obiettivo raggiunto:

Trade closed at entry level or higher if someone used trailing stop.