PANW: Monthly Macro Momentum Breakout1. The Macro Perspective: The Structural Shift
I am taking a LONG bias on Palo Alto Networks, Inc. (PANW) on the monthly (1M) timeframe.
When analyzing pure market structure on a mega-cap tech leader, the strongest secular trends are built upon solid foundational bases. Look at the structural development on this chart. The stock previously spent a significant period digesting below the major 144.99 structural baseline. After a decisive breakout above that level, rather than executing a vertical
Long