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$NOW

T3 Live on $NOW (Oct 29, 2026)

AI summary · T3 Live

NOW is below its 200-day and 100-day averages at 121 after a gap down, and the speaker has no exposure. He would wait to see how much of the gap holds; if NOW cannot reclaim half of it and the hole controls direction, he says it is over for a while.

BearishHe framed it in weeks
“Scott Redler’s #630club - LIVE Premarket Stock Market Update”
T3 LivePublished Oct 29 · 2 passages

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2 passages

you have Service Now trading down.

Um, uh, so Service Now, Service Now, um, getting hit pretty bad. Um, I don't know. You know, what am I going to do with Service Now? I have no I have no exposure. I'm not involved.

Here's a 200 day. That's This is what So, this is below everything. It's below uh the 200 day, it's below the 100 day, it's at 121. Um I would, you know, see how much of the today's gap down sticks.

See if there's a huge hole in the chart. Usually post earnings. If if service now opens down 28 and it can't take back half of that, you know, and there's no load to trade against and it trades down the whole time and there's a huge hole, that's it.

It's over for a while. you know, usually the hole in the chart um is in control of the direction. Um remember this hole here, this was your first hole and then it couldn't fill it and look what it did and when it's traded in that direction of that hole.

So anyway, um so we'll see how much of today's down move stays to base future trades or just don't even trade it anymore.

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T3 Live has 3 calls on this stock; only the adjacent ones are shown.

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