NOW has retested its old breakout level of $275. If it can hold a green candle but the close we can see a retest of the high at $293 with a potential stretch even higher. Retests give a second opportunity to get into stock after a breakout and give the momentum to go above the old breakout high.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.