PANW Dropped 25% overnight after disappointing earnings. The 25% drop brought it perfectly down to the 200 EMA and right above a major pivot. If it holds the 200 EMA, this could just be an aggressive but potentially healthy pullback for a stock that has been technically overbought for over a month.
Kommentera:
Bounced beautifully off the pivot. Up up and away we go!
Kommentera:
Amazing! And now Nancy Pelosi bought calls!