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....
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.
I entered the trade on NASDAQ:PANW Tuesday 28th as a swing trade opportunity.
That day the price of NASDAQ:PANW closed above the key resistance level which rebounded the price several times. Due to this I though the price would rapidly move up and so it did.
The swing trade was very profitable and so I closed the trade today at the highs and go tout...
As you can see here, I circled the last several times that the 10 period SMA Crossed the 50 period to the downside on the 4hour chart. On the last occasion that the 10 SMA crossed both the 50 and the 200 SMA, NASDAQ:PANW took an over 5% tumble . This one here seems to lead towards a 10% drop. I will be looking for the 4hour candle to retest the 10 SMA...
PANW has seen a breakout on the heels of geopolitical drama. Along with other strong tech names, we may see persistent between here and 250. Good luck traders
Palo Alto Networks has been chopping near record highs since the spring. Could it have a strong yearend?
The first pattern on today’s chart is the bullish gap on August 21 after quarterly earnings beat estimates. The cybersecurity stock subsequently pulled back to a closing low of $227.45 before bouncing. It retreated again in recent weeks but managed to hold the...
Looking for the whole previous month's candle to be retraced this month into next. Tried shorting this one a couple times earlier this month but failed. Clipping the previous month's high was the short trigger but I missed it & got in today. Looking for sub $200 this month or next. Bearish rsi divergence on the monthly suggests prices could drop even lower for longer.
#Panw can't hold support at 231$.
end of the day #panw closed at 227.4$ ( below trendline)
At weekly chart, #panw extremly over range.
if #panw stay below 228$, next support 203$/190$
Resistance : 228$/231$
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...
