Taking a look at PANW here
in a long-term downward channel which can be seen on the daily and weekly time scales
Showing Bearish divergence on the both the MACD and RSI on multiple time scales
With a big gap on the downside.
they report earnings after close today so this one may be one to watch
Let me know what everyone thinks!
Happy Trading!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.