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vf_investment

PANW ranging - indications of a downtrend

Short
Palo Alto Networks, Inc. (NASDAQ:PANW)  
vf_investment  
NASDAQ:PANW   Palo Alto Networks, Inc.
Harmonic Patterns Trend Analysis Chart Patterns rangetrading rangebreakout shortsetup downtrend
5
2
harmonicpatterns trendanalysis chartpattern rangetrading rangebreakout shortsetup downtrend
PANW has been ranging between 181 and 192 for around a month, at a high position.
We now expect it to go to the downside with a possibility of dumping to our targets.

More details are shown on the chart.

Good luck!
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