Deeply oersold with a string of red candles following PANW as it enters an old Gap left behind a while back.
Price can remain oversold for extended periods of time.
Possible support zone if the bottom of this gap is reached.
Prior H&S and price is below the neckline.
Price is now below the .382 of the trend up but is above the 50% level.
No recommendation
Price can remain oversold for extended periods of time.
Possible support zone if the bottom of this gap is reached.
Prior H&S and price is below the neckline.
Price is now below the .382 of the trend up but is above the 50% level.
No recommendation
Note
This one is possibly worth waiting on.When will that be? I do not know but I have my eye on this one.
Don't ever lose control.
Note
A lot of red so this may be closing in on a bounce due to seller exhaustion.Note
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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.