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.
