ucsgears

PANW - The Strongest Bull in Technology under consolidation

NYSE:PANW   PALO ALTO NETWORKS INC
120 6 6
Based on my plan, If anything Bullish trade from Tech, This will be my first choice
check out REITs (though lower beta) and Biotech/Pharma/Health lotta good setups in those respective sectors which still have strong breadth even in spite of the recent market weakness.
Reply
Even at 52 weeks top?
Reply
Its at top of the Strength Rank (based on that particular sector & Industry Group). If it breaks lower, I will re-evaluate my long entry, Will not short the strongest stock in a sector.

Refer to the TSO vs XOP post I made. If it breaks lower, Re-evaluate the entry and catch the major bounce.

Again - Thats my way to doing it.
Reply
+1 Reply
Even the worst sector, A strongest stock is strong for a reason, All it needs is a crappy reason to rally. It could be a crazy / funny post on seeking alpha. Try trading the small caps, you will understand the power of hype. , I think the other one was VISN, and way too many. Spotted with RSI breakout, and banked. Small caps have the First quarter of every year to have the best season in their favor.
+1 Reply
2use ucsgears
Thanx, ill note that for my own education
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out