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SWRLS

PANW 25% Drop Reset

Long
Palo Alto Networks, Inc. (NASDAQ:PANW)  
SWRLS Updated   
NASDAQ:PANW   Palo Alto Networks, Inc.
Pivot Points Moving Averages Earnings
5
4
pivotpoints movingaverage earnings
PANW Dropped 25% overnight after disappointing earnings. The 25% drop brought it perfectly down to the 200 EMA and right above a major pivot. If it holds the 200 EMA, this could just be an aggressive but potentially healthy pullback for a stock that has been technically overbought for over a month.
Comment:
Bounced beautifully off the pivot. Up up and away we go!
Comment:
Amazing! And now Nancy Pelosi bought calls!
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