Use advanced tools to confirm the Rising Wedge on PANW before you trade.
Reversal pattern. Price likely to break downwards.
PANW is showing interesting structural developments at $323.79. With a last close of $323.79, volatility remains active (-0.57%). Price action has carved out a classic Rising Wedge. This setup is supported by average volume turnover. A potential breakout level is identified at $316.25, targeting $258.1 with support near $368.8 (R:R 1.11).
What is your outlook on PANW?