I’m watching Palo Alto networks for a breakout. My stop will be a close below the .618 fib, double bottom, and trend line support. This company is one of the best out there and like my other idea on CYBR, the need for cyber security is NOT going away anytime soon.
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We don't have a position yet. Still looking at the 199 - 202 area for a small position in anticipation of a higher price long term.
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Still waiting, patience is key. Might take a small position at 200 if it revisits it - gotta look at price action on a lower time frame.
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Price is getting even more compressed. Should see some action soon.
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