Long

$PANW getting ready

Updated
PANW hasn't gone anywhere since the start of 2016. It has been consolidating making a triangle in the process. If it breaks above the downtrend line over the next few weeks we can see it go much higher. Above $155 is where the jet propulsion starts. If so it could easily see $200 in the year 2018.
Note
The stock is lagging since the last earnings but as long as it holds the $185-$195 mark, it should continue its upward trajectory.
Chart PatternsPANWTrend Analysis

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