$PANW Possible Downside for Palo Alto Short
Palo Alto Networks, Inc.NASDAQ
Description
⋅ NASDAQ:PANW
Taking a look at PANW here
in a long-term downward channel which can be seen on the daily and weekly time scales
Showing Bearish divergence on the both the MACD and RSI on multiple time scales
With a big gap on the downside.
they report earnings after close today so this one may be one to watch
Let me know what everyone thinks!
Happy Trading!