PANW may defy the odds. While other stocks are pulling back, PANW may find support at the 200 Day EMA blue line. Also there is a gap in price above the current price. Plus Nancy Pelosi has over $500,000 in this play. You know how she keeps winning. Does she know something we don't? Leap Options may be in order.
PANW has traded in a boring range since I last posted my original idea (linked below). Here are the dynamics that have unfolded, and my forecast from here: - The main factor we need to determine is if the recent consolidation is accumulation or re-distribution (I'm leaning toward re-distribution with a UTAD upcoming - meaning one more pop before major drop). -...
In summary, if you are in (or considering buying) shares, this is Mid-term bearish. I would highly recommend against entering or adding shares here. You will likely have a better chance to exit/sell in the 330s around March 11-12th. For those playing options, I can share my strategy - you'll have to be nimble to swing this for profits, but very do-able since I...
Broke out from a rising channel a while ago and formed a new one as seen on the chart. Price currently touching a support zone. Preferable entry would be at the 23.60% retracement area. Targets at $380 and $402.
Looking for a gap fill up to the $360 level after being sold off heavily from those taking profit after its run up from the mid 100s. Holding a very long January 2025, 540 call option anticipating continued growth of cyber-security companies now that AI is gaining steam.
PANW is being bought by US Parliament member Nancy Pelosi, she bought twice in past month. The current price is in perfect Golden Zone on Daily chart. If we go past ATH there is no actual telling where it will go up to next, we might just move sideways for now to reset RSI or even start moving up at any time. But it also might just drop down a bit. Palo Alto...
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
PALO ALTO NETWORKS NASDAQ:PANW - Feb. 27th, 2024 BUY/LONG ZONE (GREEN): $307.55 - $377.00 DO NOT TRADE/DNT ZONE (WHITE): $282.00 - $307.55 SELL/SHORT ZONE (RED): $225.00 - $282.00 Weekly: Bullish Daily: Bullish 4H: DNT Decided to chart this up after all the noise around the Nancy Pelosi options. Would wait for weekly close to see if price breaks above $307.55...
In an era where connectivity is the cornerstone of innovation and progress, Palo Alto Networks ( NASDAQ:PANW ) has taken a monumental stride towards securing the future with the announcement of their end-to-end private 5G security solutions. Teaming up with leading Private 5G partners, Palo Alto Networks aims to redefine network security and empower organizations...
After a strong fall of reporting, Will it going to close the Gap-up ? Above the average line 150 + meeting the lower support trend line + 85% of gaps are statistically closed + RSI oversold. Only an idea and not a recommendation for trading!
BUY LOW, sell high!! GREAT COMPANY. HUUGGEEEE PULL BACK.... I wouldn't mind owning 100 shares of this right now at $250, which is lower than the 200 sma on the daily
The drop in Palo Alto Networks Inc (PANW) shares by 21.09% from February 20 to February 21, 2024, following the company's reduction of its annual forecast, could mark the end of the growth phase for the technology sector. NASDAQ:NVDA NASDAQ:PANW #NVDA #Nvidia #Stock #StockMarket #Shares Both stocks have met all their targets and are likely to have...
Palo Alto Networks (NYSE: NASDAQ:PANW ) stands as a stalwart defender against digital threats. However, recent developments have cast a shadow over the company's prospects, prompting investors to reassess their positions and analysts to reevaluate their forecasts. In its latest quarterly report, Palo Alto Networks ( NASDAQ:PANW ) delivered a mixed bag of results....
The Daily chart of NASDAQ:PANW shows a short term bend in the trend which is common when Giant Buy Side Institutions are in quiet rotation mode to lower inventory, attempting not to disturb price. Also, Volume Oscillators and Money Flow indicate selling hidden mostly in price that is being carefully controlled. The stock reports today. This doesn't mean that...
If you haven`t bought PANW ahead of the previous earnings: Then analyzing the options chain and the chart patterns of PANW Palo Alto Networks prior to the earnings report this week, I would consider purchasing the 500usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $15.60. If these options prove to be profitable prior...
HUBS on the 3 0 minute chart has been trending up since the last earnings. It is above the high volume area of the volume profile. Basically it is so trong it is not attracting any short sellers. Waves of new buyers buy from the float or from those who are collecting their profits and making room for others. I got a share as a test with the dip the first week...
If you haven`t bought PANW`s Double Bottom here: or before the earnings here: Then analyzing the options chain and the chart patterns of PANW Palo Alto Networks prior to the earnings report this week, I would consider purchasing the 230usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $7.65. If these options prove to be...
Palo Alto Networks' stock has plummeted This figure shows the weekly candle chart of Palo Alto Networks' stocks from 2020 to present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the recent highest point of Palo Alto Networks' stock has just returned to the 5.618 level above the bottom of the golden...