$ServiceNow(NOW)$ After that 07/23 gap, price has spent 3 sessions in a tight $98-101 lateral range without giving back any of the move. That's a bull flag, not distribution. SMA20, SMA50, and VWAP are all stacked right underneath, giving it a solid base. RSI is neutral at 53 with room to run, and MACD is recharging.
Setup: confirmed breakout above $101 on volume would signal continuation. Stop below $98.5-99 — lose that and the base breaks. First target $105-106, extension to $110.
Not a range to sell, looks more like a breakout setup to me.
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