FishinForThemWhales

PANW bearish short-term, but Bullish Long-term?

FishinForThemWhales Telah dikemas kini   
BATS:PANW   Palo Alto Networks, Inc.
I am still undecided about this stock, it seems to be getting investors attention after Nancy bought call options and her last venture with NVDA, I am still bearish short term given the price action and gaps to the south side. I would not be comfortable buying till price lowers to about 270-275. There is also an ongoing fraud class action suit involving PANW. This could be what lowers the price presenting a buying opportunity. I am bullish long-term due to the rise and need of cyber security and the people need/want of more privacy online; I am using TA to perform this analysis, but will update weekly.
Komen:
I believe that PANW has found a bottom near term and will test 300-330 by June. we are reaching oversold territory with a bullphone/megaphone pattern.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.