PANW is downtrending since last Earnings. The ER results and the guidance were good but still the stock was beaten down most probably due to Profit taking. In an attempt to predict the bottom in this downtrend, i have drawn here 2 Fibonacci Levels. 1. Major Trend -- Fibonacci Retracement from March Lows upto August High, This shows 0.236 level at 239s and 0.382...
$PANW broke out of its ascending triangle and held the backtest.
"Because of the rise of remote working, cyberattacks have grown exponentially in recent months, with the FBI reporting a 400% increase in complaints in April versus March, as attackers hope to expose weaknesses in an organization's business continuity strategy" Fundamental difference between some of the biggest cyber-security companies: CrowdStrike's (CRWD)...
Short Retest of Double bottom neckline along with old support line. Can be picked up on positive trading implying wave 5 of elliot wave.
$PANW is breaking out the cup formation with high volume. 12 months Consensus Price Target: $257.66 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
CRWD - Both lines are above the cloud and the belt cloud shape is beautiful, smooth and silky! Last week, there were unusual option activities buy on $70 calls. This morning, some huge buys on weekly 4/24 $75 calls. The chart shows CRWD will get $75 very quick. So as PANW, upside calls on $210.. So, cybersecurity sector?? Puts on COUP though..
Crowdstrike is moving upwards as analyst DA Davidson upgrades to a fair value estimate of $75 from $58. Coincidentally, we are breaking out of a triangle formation.
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...
PANW Shares of the stock dropped dead off the all-time top to test the major MA's in confluence, which could trigger a quick bounce. But it could also be a popular bounce speculation, leading to another evacuation of weak hands. Palo Alto Networks Inc (NYSE:PANW) shares were shattered on Tuesday after strong billings were offset by a big 10% miss on product...
Technical Analysis: CIBR had a volume spike of 850,000+; which is 80% higher than usual, yesterday November 12th 2019. The 50sma (yellow line) is bouncing back, trying to cross the 200sma (red line), and after it must cross 100sma (blue line) for it to continue being bullish. 10sma is short-term support - $29.3 All time highs is short-term resistance...
PANW has been on a strong upward trend on both the 1 hour and 4 hour EMA. Possible return outweighs the risk 3:1. PANW has a good chance of having an easy 10% return in the next couple days/weeks.
I put on a bear call spread on PANW The IVR was kinda low I have bad risk reward its not 1/3 the width but the false breakout was a lucrative move. I put on the trade. $1.52 7.5 width. Max gain is $76 max loss is $152. Aug 2 exp
Since PANW is very rich in premium right now with a high IV. It seems to have broken support and is going sideways. ER is May 30th I may decide to take off the trade before then however I may also want to take advantage of the IV contraction. 195/200/240/250 EXP June 21st $290/710 Profit/Risk I plan to take the trade off at $150 profit which means I will risk...
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Palo Alto Networks (PANW) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a...
Series of confluences here: EMA support big red candle (today's candle) descending trendline Might breakout violently, going long at today's high breakout
$PANW looking oversold, MFI is bottoming out. Forming a bullish inverted hammer on the daily chart, holding the 50d ema as support. Expecting a bounce in the near term with September earnings gap now closed. Medium term target - $250 by early Nov Note: informational analysis, not investment advice.
I just took a look at this garbage company and its bleak earnings release, I WAS SHOCKED AT THE STOCK PRICE COMPARED TO THE MONSTERS MICRON, WESTERN DIGITAL, INTEL AND MANY MORE! PALO NETWORKS IS TRADING AT $220 ... OMG! ... AND ... AFTER HOURS UP $12.00 ON A NEGATIVE EARNINGS REPORT..? YES, THESE STOCKS ARE BUBBLES AND WALL STREET COMPANIES LIKE MICRON SHOULD...