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.
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...
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...
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....
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...
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...
If you haven`t bought PANW here:
Then you should know that Palo Alto Networks offers a range of cybersecurity products, including firewalls, network security, and cloud security solutions.
In light of the recent news regarding cyberattacks on multiple U.S. government agencies, it is reasonable to expect an increased focus on cybersecurity measures, which could...
If you haven`t bought PANW here:
Then Analyzing the options chain of PANW Palo Alto Networks prior to the earnings report this week,
I would consider purchasing the 190usd strike price Calls with
an expiration date of 2023-6-16,
for a premium of approximately $8.75
If these options prove to be profitable prior to the earnings release, I would sell at least half...
Looking at the PANW Palo Alto Networks options chain ahead of earnings , i would buy the $160 strike price in the money Calls with
2022-11-18 expiration date for about
$7.70 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
$PANW is breaking out the cup formation with high volume.
12 months Consensus Price Target: $257.66
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Please don't trade according to the ideas, rely on your own knowledge.
Thx
Buy Long: Fortinet Inc - Ticker: FTNT - Sector: Technology Industry: Software—Infrastructure
Go to the Invest2Success Advisory Page and Also for USA Asia Financial Forecasts
Buy Entry: 136.58 to 144.25
Stop-Loss: Available to Subscribers
Take Profit Price Targets: Available to Subscribers
NASDAQ:FTNT
NASDAQ:CSCO
NASDAQ:CHKP
NYSE:PANW
NYSE:JNPR
...
FUNDAMENTAL
PANW earnings guidance lagged its forecast, creating a 12% decline after hours.
Palo Alto said that it has agreed to acquire Aporeto, a machine identity-based micro-segmentation firm, for $150 million in cash. The company said its earnings projections include net expenses related to the proposed acquisition.
TECHNICAL
Both the 50sma...
