
Software stocks might be interesting longs: $ADBE is trading around support, current prices are at just 14x earnings. Stock is a in a buy/hold territory for me, its earnings and sales multiple is the lowest it has been since 2012. $CRM bounced significantly from its support zone at $150, a retest of $200 could be an interesting buy. If attention of the market goes towards AI agents and the agentic economy, Salesforce might benefit. $NOW already lost quite a bit in the past few days, but the chart points to $70-75 as an interesting zone to retest as support. Even after the recent downtrend, it is still trading at a 75x earnings multiple, which is high compared to the others. $SAP had the biggest rebound with 65% from its July low. I wouldn't rush into an entry. Its current earnings multiple at 30 is not super expensive, but also rather in the higher ranges of where it traded at historically.