Monday, June 04, 2018 11:39:59 AM
This morning, leading network security company, Palo Alto Networks (PANW), is trading sharply lower after reporting earnings. Earlier, the stock staged a gap higher open before reversing to the downside with heavy volume. At this point, the stock is forming a strong outside day. This formation is also known as a bearish engulfing pattern on the charts. Traders and investors must expect further decline in the near term. The next important daily chart support level for PANW stock will be around the $192.00 area. This is where the stock broke out in early May to new all time highs. Very often, stock will retest their prior breakout area before being defended by the institutional money.
Nicholas Santiago
InTheMoneyStocks
Recent PANW News
- Palo Alto Networks Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before April 26, 2024 to Discuss Your Rights - PANW • PR Newswire (US) • 04/19/2024 09:45:00 AM
- The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Palo Alto Networks Inc.(PANW) Shareholders • PR Newswire (US) • 04/16/2024 09:45:00 AM
- Palo Alto Networks Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - PANW • PR Newswire (US) • 04/12/2024 09:45:00 AM
- Palo Alto Networks Delivers the Industry's First Cloud-Optimized SOC Platform • PR Newswire (US) • 04/11/2024 02:10:00 PM
- Palo Alto Networks and Google Cloud Expand Partnership to Revolutionize Cybersecurity with AI • PR Newswire (US) • 04/09/2024 12:12:00 PM
- Palo Alto Networks Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before April 26, 2024 to Discuss Your Rights - PANW • PR Newswire (US) • 04/09/2024 09:45:00 AM
- The Gross Law Firm Reminds Palo Alto Networks Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 26, 2024 - PANW • PR Newswire (US) • 04/05/2024 09:45:00 AM
- Class Action Filed Against Palo Alto Networks Inc. (PANW) Seeking Recovery for Investors - Contact The Gross Law Firm • PR Newswire (US) • 04/02/2024 09:45:00 AM
- The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of April 26, 2024 in Palo Alto Networks Lawsuit - PANW • PR Newswire (US) • 03/29/2024 09:45:00 AM
- Palo Alto Networks Inc. Class Action: The Gross Law Firm Reminds Palo Alto Networks Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 26, 2024 - PANW • PR Newswire (US) • 03/26/2024 09:45:00 AM
- Palo Alto Networks Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before April 26, 2024 to Discuss Your Rights - PANW • PR Newswire (US) • 03/22/2024 10:10:00 AM
- The Gross Law Firm Notifies Palo Alto Networks Inc. Investors of a Class Action Lawsuit and Upcoming Deadline • PR Newswire (US) • 03/19/2024 09:45:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/11/2024 10:04:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 09:12:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:00:08 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 09:07:41 PM
- Contact The Gross Law Firm by April 26, 2024 Deadline to Join Class Action Against Palo Alto Networks Inc.(PANW) • PR Newswire (US) • 03/05/2024 10:45:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 09:31:38 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 09:11:31 PM
- DiCello Levitt LLP Announces Investor Class Action Lawsuit Filed Against Palo Alto Networks, Inc. (NASDAQ: PANW) and Lead Plaintiff Deadline • PR Newswire (US) • 02/29/2024 01:00:00 PM
- U.S. Stocks May Lack Direction Following Yesterday’s Modest Pullback • IH Market News • 02/27/2024 02:14:46 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/26/2024 11:01:21 PM
- U.S. Stocks Close Weak As Investors Await Key Economic Data • IH Market News • 02/26/2024 09:40:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/26/2024 09:30:11 PM
- Palo Alto Networks Launches Private 5G Security Solutions with Partner Ecosystem • PR Newswire (US) • 02/26/2024 05:00:00 AM
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