TradeWithParas

PANW potential buy setup

Long
BATS:PANW   Palo Alto Networks, Inc.
Reasons for bullish bias:
- Price bounced from strong support
- Price bounce from strong 0.5 Fib
- No divergence
- Positive Earnings

Entry Level(CMP): 311.08
Stop Loss Level: 255.89
Take Profit Level 1: 366.27
Take Profit Level 2: Open
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