Traders are watching this Broadening Formation on NOW. Inspect the chart now.
Expanding volatility. Sign of instability.
Gradual reversal from bearish to bullish.
Reversal pattern after a downtrend.
NOW is showing interesting structural developments at $95.04. Currently at $95.04, the asset is showing downward momentum (-0.46%). The primary technical feature is a Double Bottom formation. Volume is average (0.78x avg) with moderate trend strength (46.8). A potential breakout level is identified at $139.2, targeting $192.96 with support near $112.32 (R:R 2.0).
What is your outlook on NOW?