PANW will fill the gap, continue up in near future than retrace back to retracement from previous high 50% and 0.612 area stock price between 250-270 area
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...
Here is a weekly chart of Palo Alto clearly in a bullish trend since Jan of 2023. Massive red candle from last ER but closed inside channel. Nancy just bought $1.25M of Jan 2025 200C on Feb 12. You remember how NVDA did for her? Buy Jan 2025 300C @ 57.00
PANW Dropped 25% overnight after disappointing earnings. The 25% drop brought it perfectly down to the 200 EMA and right above a major pivot. If it holds the 200 EMA, this could just be an aggressive but potentially healthy pullback for a stock that has been technically overbought for over a month.
I only know about this stock now because Nancy Pelosi bought it. Good luck all.
In an era where connectivity is the cornerstone of innovation and progress, Palo Alto Networks ( NASDAQ:PANW ) has taken a monumental stride towards securing the future with the announcement of their end-to-end private 5G security solutions. Teaming up with leading Private 5G partners, Palo Alto Networks aims to redefine network security and empower organizations...
Dear traders, Id like to share this idea in order to take long positions. 230- 260$ is is a good price range to look for buying opportunities. Additionally RSI is clearly oversold and prices already went down quite aggressive. best,
Palo alto is great company and earning call was also good however forecast was bad since they are changing internal structure to prepare for long term which is a good thing. This is a very good time to get in. Also the stock has entered the channel. Till it is in the channel bullish trend will continue.
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
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....
Could we get a breakout after earning in a few minutes?
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...
Short Palo Alto Networks PANW Overbought, correcting from exiting the envelope. Will keep very tight stops on these if I get profitable in case earnings from the big boys starts to spill over to the entire market (in a way bad for these shorts).
This Week FORECAST Opportunity for PANW. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.