Use advanced tools to confirm the Rounding Bottom on PANW before you trade.
Gradual reversal from bearish to bullish.
Indecision. Widening then narrowing range.
PANW is showing interesting structural developments at $163.21. The stock is trading at $163.21, up 1.58% on the day. The primary technical feature is a Diamond formation. Volume is average (0.57x avg) with moderate trend strength (7.5). A potential breakout level is identified at $172.03, targeting $204.49 with support near $155.8 (R:R 2.0).
What is your outlook on PANW?