Palo Alto Networks
Potential Profit: ~14.05%
Resistance: $248.05
Support at $199.86
It is currently trading above the SMA line which indicates an uptrend movement.
It has been on an uptrend for more than a month now.
Potential Entry Point would be:
RSI:~32
MACD: Going UP
VWAP Action: It tends to go down to the lower vwap to bounce off of it.
*To be safe enter closer to the SMA line.
Potential Profit: ~14.05%
Resistance: $248.05
Support at $199.86
It is currently trading above the SMA line which indicates an uptrend movement.
It has been on an uptrend for more than a month now.
Potential Entry Point would be:
RSI:~32
MACD: Going UP
VWAP Action: It tends to go down to the lower vwap to bounce off of it.
*To be safe enter closer to the SMA line.