So if $NOW misses on ER tonight, how low is this thing going this summer?

ServiceNow Inc (Derivatives) (NOW)
ServiceNow Inc (Derivatives) NOW Histórico de Preços USD
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Everyone's scrambling to explain $NOW and tech software's latest moves. But if you followed my game plan for NOW and $IGV from earlier this year, none of this would surprise you.
We're deep in the summertime weakness phase I predicted months ago. Some names will break lower and flash bullish divergences, others will hold their ground.
My stance hasn't changed: this sector is primed to form a major bottom between July and October, setting up for a new uptrend by year-end or early next year.
Don't get lost in the daily noise, stick to the roadmap and stay ahead of the crowd.
I told you $NOW was a buy in the 80's ✅
I told you NOW would see a strong counter-trend rally back up to major moving averages ✅
I warned that NOW and tech software would experience summer weakness while trying to form a solid bottoming structure ✅
I told you to watch for the higher timeframe potential of this larger inverse H&S pattern forming at the lows ✅
Now, we'll see if the right shoulder forms in the coming weeks or if NOW needs to go lower to find the true bottom.
Regardless, I expect a major low to be in for strong AI-driven tech software names this summer or, at the latest, early fall.
$NOW Trading into ER https://t.co/9fEOJ77mog
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