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ServiceNow has been named the IBD Stock of the Day as the enterprise software provider approaches a key buy point. The stock is forming a cup-with-handle base, a bullish chart pattern often signaling a potential breakout.
- ServiceNow is forming a cup-with-handle base, a bullish technical pattern.
- The stock is nearing a buy point, indicating a potential breakout opportunity.
- As IBD Stock of the Day, ServiceNow is under scrutiny from growth-focused investors.
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