Palo Alto - PANW - Long PositionDear 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,Longby FITINTRADE4
Palo alto in upward movePalo 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.Longby usastockideas0
Will PANW going to Gap-up ?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!Longby dovale1972111
PANW put saleBUY 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 Longby ReallifetradingUpdated 5510
Palo Alto Networks Faces Turbulence: Can It Weather the Storm?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. While revenue for the second quarter surpassed expectations, reaching $1.98 billion—a robust 19% year-over-year increase—the outlook for future billings fell short of Wall Street estimates. This discrepancy triggered a sharp decline in the company's stock price, with shares plummeting over 20% in extended trading. The primary cause of concern appears to be Palo Alto's cautious forecast for third-quarter billings. The company anticipates billings between $2.30 billion and $2.35 billion, significantly below analysts' average estimate of $2.62 billion. This conservative outlook reflects a broader trend of subdued spending among businesses amidst economic uncertainty, as well as specific challenges within Palo Alto's ( NASDAQ:PANW ) operational landscape. One notable setback highlighted by Palo Alto's CEO, Nikesh Arora, is the significant shortfall in the company's U.S. federal government business. This unexpected downturn is expected to persist into the third and fourth quarters, further exacerbating the company's near-term challenges. Additionally, Palo Alto ( NASDAQ:PANW ) faces headwinds in its firewall business—a core component of its cybersecurity offerings—as demand slows in the face of changing market dynamics. Despite these hurdles, Palo Alto Networks ( NASDAQ:PANW ) remains steadfast in its long-term vision. Arora expressed confidence that the company would rebound to its original expectations of mid-to-high double-digit billings growth by the second half of 2025. This optimism is underpinned by Palo Alto's track record of innovation and its ongoing efforts to adapt to evolving cybersecurity threats. However, investors are understandably cautious in light of the company's revised annual billings outlook. Palo Alto ( NASDAQ:PANW ) now expects billings for the fiscal year to fall within a range of $10.1 billion to $10.2 billion, down from previous expectations of $10.7 billion to $10.8 billion. This downward revision reflects both short-term challenges and broader market dynamics that could impact Palo Alto's growth trajectory in the coming quarters. In response to these developments, Palo Alto Networks ( NASDAQ:PANW ) must adopt a strategic approach to navigate the turbulent waters ahead. This may involve doubling down on research and development to drive product innovation, expanding into new markets to diversify revenue streams, and enhancing operational efficiency to weather economic uncertainties effectively. Ultimately, the fate of Palo Alto Networks ( NASDAQ:PANW ) hinges on its ability to adapt and thrive in an increasingly complex cybersecurity landscape. While near-term challenges loom large, the company's underlying strengths and long-term vision suggest that it remains well-positioned to emerge stronger from the current storm.Longby DEXWireNews2
PANW forming a Bullish Pennant Could we get a breakout after earning in a few minutes?Longby Gutta_CEO_110
Bending Trends Can Warn of Institutional RotationThe 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 HFTs have this information nor does it mean that HFTs won't gap it up. It means IF you are holding this stock for a swing trade, risk has increased for a possible run or gap down.by MarthaStokesCMT-TechniTrader1
PANW Palo Alto Networks Options Ahead of EarningsIf 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 to the earnings release, I would sell at least half of them. Longby TopgOptions772
Short Palo Alto Networks PANWShort 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).Shortby sliceofbytes2
PANWThis 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.Longby TREND-TITAN111
PANWDid it just run out of the channel or is it now using that as support trend line?Longby scottammons11
Palo Alto Networks $PANW Trade IdeaI 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 before the stock broke the intraday trend/structure. If the price continues its climb, I will likely re-enter, otherwise I will wait for it to retest the previous resistance, now support for a new entry around the $270 price point. The oscillators look overbought, so I do anticipate that the price will pullback in the short term. The moving averages are all sloping up indicating that the medium term trend is up. Hope this was helpful for the readers, if so follow for more trade ideas. See you in the next one! Longby KonstandinovicUpdated 2
Palo AltoCould this be a buy on a pullback? I think Palo Alto is best in breed in an area with much demand.Longby sahall2150
$PANW $230 BY FRIDAY?ABC Pattern here? Still learning about Harmonics as well if someone wants to shed some light. Check my other posts.. I've been waiting for this. Shortby TazmanianTraderUpdated 3
$PANW $225 Target, $205 Extreme by Dec.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 cross at $239.80 area and Enter Puts for a swing into the third week of November. Good Luck @everyone.by TazmanianTrader111
PANWI am bullish on PANW within this uptrend trendline. I expect PANW will touch 255+ upcoming sessionsLongby orkhanrustamov0
PANW: 260 Legit?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 tradersLongby Fox_TechnicalsUpdated 1
Palo Alto Holds Higher SupportPalo 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 same price area. That kind of price action, with the shares finding support at higher levels, may reflect an uptrend. Second, the recent bounce occurred at the steadily rising 100-day simple moving average. Third, stochastics are rebounding from an oversold condition. Finally, look back further to the left. Notice other bullish gaps on May 24 (also on strong results) and June 5 (after it was added to the S&P 500 index). Those may additionally suggest that PANW is in a longer-term uptrend. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation119
PANWLooking 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 $200 this month or next. Bearish rsi divergence on the monthly suggests prices could drop even lower for longer.Shortby Essendy1
Panw big correction ???#Panw can't hold support at 231$. 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$/231$Shortby pninh09110
PANW Palo Alto Networks Options Ahead of EarningsIf 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 profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 225
Palo Alto Networks' stock has plummetedPalo Alto Networks' stock has plummeted This figure shows the weekly candle chart of Palo Alto Networks' stocks from 2020 to present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the recent highest point of Palo Alto Networks' stock has just returned to the 5.618 level above the bottom of the golden section in the figure, and has since plummeted. It is now about to hit the 4.000 level above the bottom of the golden section in the figure! In the future, just use the 4.000 position of the golden section at the bottom of the graph as the long short watershed operation for Palo Alto Networks' stocks!by Think_More1
#PANW Straddlle/Trade planWe posted both for more clarity. Take a look! Actual Straddle is bigger and therefore more valuable. Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance. We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in combination with our own strategy, not in alone.by ClashChartsTeam3