Stock: NOW
Company: Now Corporation
Support: 4.45
Resistance: 5.25


NOW established support at P4.51 to close at P4.79.

The stock may continue to range between the support level P 4.45 and the resistance level of P 5.25. It will remain bullish in the short term if the price stays above P 4.01

Expecting a potential bounce play when NOW is testing the resistance zones near P5.00 and P5.25.

Recommendation

Trade the range and take note of a mental stop if it closes below P4.01.

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