NASDAQ:PANW may be actionable here if it fits with your trading plan. I missed the big breakout (May 24th) and the run up after the last earnings report. It has now pulled back and based for 3 weeks and looks to me as though it is breaking that base. I started a ¼ size position Jul 27th and was under water by end of day, but it did not hit me stop. I added again...
Palo Alto Networks is a cybersecurity company that provides advanced security solutions to organizations worldwide. I don't think they're going anywhere for a while and are very established already with multiple deals and have been on point with their financials and earnings. We're looking for a break out of the consolidating 238-240 range which already...
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...
An ABCD pattern has formed in the Daily in PANW at 247$. However, today tested the 250$. I think that if sellers are around, they should come in at 250$. I am inputting an order to sell at 250$ for a few days knowing that I might already be late. My stop is very tight, 4$ above at 254$. I am hoping for a retest followed by a selloff. If we don't get the retest, I...
🔹FTNT is in a rising trend channel in the medium long term. 🔹Supports at 192 in negative reaction. 🔹Short-term momentum is positive with RSI above 70. 🔹Technically positive for medium-term long-term. Chart Pattern; 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head &...
No true handle has formed as of yet. A handle is a zone of strong support underneath long entry level. Long entry level is a level above looming resistance associated with the pattern one is trading. In this case I placed it just above the high of the left (sell side) of the cup. It is often best to wait until this is reached unless you already own the security...
#Panw NASDAQ:PANW Long 📈Chart Pattern: Cup & Handle 🫵Perspective: Long 💔Stop loss: Breaking $ 200 NASDAQ:PANW SKILLING:NASDAQ AMEX:SPY
My strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
PANW seems to have formed an Inverse Head & Shoulders over the last few weeks. Also formed a nice cup and handle if it holds above $186 in my eyes. Tech Earnings have been quick strong in this environment. My belief is we will see continued robust spending in Cyber Security that will provide another strong report for PANW. Looking for an exit north of $200. ...
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...
PANW has been ranging between 181 and 192 for around a month, at a high position. We now expect it to go to the downside with a possibility of dumping to our targets. More details are shown on the chart. Good luck!
Sell signal in Palo Alto , shorting it for a month should give over 15% on the downside
NASDAQ:PANW Taking a look at PANW here in a long-term downward channel which can be seen on the daily and weekly time scales Showing Bearish divergence on the both the MACD and RSI on multiple time scales With a big gap on the downside. they report earnings after close today so this one may be one to watch Let me know what everyone thinks! Happy Trading!
Earnings are 2-21 AMC. Possible stop below the handle low or where you see support. The cup is 46.75 deep. Mid cup is 155.60 which is also a support level. No recommendation. Long when EL is met/Short is 6.46% which is a bit higher than I expected.
Palo Alto Networks - 30d expiry - We look to Sell at 177.77 (stop at 184.04) Levels above 178 continue to attract sellers. 179 has been pivotal. The previous swing high is located at 178.97. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. Resistance could prove difficult to breakdown. Our profit targets...
PANW here is forming a very nice cup and handle leading into earnings next week. Personal Checklist for positive move to the upside 1. PANW has long history of gap ups post earnings by under promising and overperforming 2. Technicals/momentum support the upside move in the short term 3. Nasdaq must hold the 290-300 range in the coming week, if so we need to see...
Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; Panorama, a security management solution for the control of firewall appliances and software deployed on a customer's network, as well as their instances in public or private cloud environments, as a virtual or a physical appliance; and virtual...