Long
$PANW getting ready
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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.