Palo Alto Networks Inc. (NASDAQ:PANW)
Old Forum Content for PANW
Make a Forum Post Become a member to view recent forum posts. Already a member? Sign in here.- woodman: $PANW little pullback to test breakout..
- traderbren: $PANW - upside gap at 359.82 ... not saying it's going to get there today, but something to keep in mind if we see follow through. NP
- debeers: $PANW- just in case anyone cares-4 outperforms came in today- Wedbush and Cantor to 400 Stifel & Baird to 385 aaaaaand unlike CRWD--no -pending multi million dollar lawsuits !!!
- joelsg1: @debeers $PANW I care, in both long.
- ZMan2: $PANW is up 9% on strong volume. Lg since 07/2023. Took a few shares off the table this morning.
- scottrades: $PANW Pretty clear breakout. Watch for a PB Buy Entry.
- X802tp01: @scottrades $PANW what price are you looking to but at?
- scottrades: @X802tp01 $PANW I would want to see a pullback bounce off a key moving average. We don't know what price that might be, we'll want to watch it, just noting that its breaking out but extended right now.
- X802tp01: @scottrades $PANW Thanks
- scottrades: My notes: $SPY Quiet Day $QQQ Above the 50 Day $IWM Above the MAs $DXY Fresh Lows $GLD Still in trend $GDX Higher Low $TLT Working $SMH just under the 50 Day $XLF Back near the highs $XLE Weekly Flag $XHB Above the MAs $IBIT BTC under the 50 Day $META Watch 540 $GS Watch 510 $MA Watch 470 $V Needs a trend change $KBH Watch 82.30 $AEM Extended $PANW Breaking out $IBM Close to the highs $CRUS Watch 143 $TTWO Above the 200 Day $FIX At the 8EMA $IOT Earnings coming up Sept 5 $MSTR Watch 142.20
- ZMan2: $PANW to RP earnings today after the bell.
- joelsg1: $PANW E tonight, implied move around $29. Have cushion, holding through.
- kenb: @joelsg1 $PANW earnings out and looking good so far. Already have a profitable cushion in position.
- joelsg1: @kenb $PANW Small revs and eps beat, guide in-line (though it's for the 1stQ of their new fiscal year so low-ball expected), relief rally.
- joelsg1: $PANW Downgraded to"tactical underperform" i.e. Sell by ISI with E Monday. Ouch.
- camaro69: $PANW nice day NP
- joelsg1: @Henry $CRWD #59 Same at $292. Only good is that it wasn't a hack and they say the fix is clear, but reputation hit will take time and lots of customer discounts to abate, so E will be affected. Don't know about ins. but lawsuits sure to follow. I'm sure there are similar examples which we'll read about in coming days, perhaps $PANW is template though that was just customer discounts enticing platformization.
- joelsg1: $CRWD If $PANW is the template, then the 200d held and was a decent buy point, though it took nearly 2 months to re-establish uptrend. $CRWD 200d at $289 and bouncing.
- kenb: @bigbartabs $CRWD definitely, after spending a long career in corporate IT. Heads are going to roll, and it's going to take some time to re-assure pissed-off customers that it is a one-off. However in my opinion, it is an effort for customers to migrate to a new platform and would take another large effort (think man-power and $'s) to switch vendors. Not an on-off switch. So, they have a reputation to re-build and will take a while on new business as potential buyers are going to take a hard look at other vendors. Which should be good for my $PANW position.
- bigbartabs: @kenb $CRWD $PANW ... what company did you spend your career?
- kenb: @bigbartabs $CRWD $PANW a few. I started in the 70's as a COBOL/Assembler programmer at a book publisher, Doubleday & Co. Then went to banking for 20 years, and during the late 90's bank mergers the bank was sold and I got a nice package. Spent the remainder of the career at a car rental company as a technical project manager for wireless systems and mobile devices. Luckily, was able to transition out of mainframe programming years ago. Now happily retired and my new career is stock investing.
- bigbartabs: @kenb $CRWD $PANW ... very similar to my story. I graduated out of Chico State in 1978 with a BS in Electronics. I soon decided I liked software more than hardware, and got recruited by Perot into Electronic Data Systems (EDS) San Franciso... Blue ...
- kenb: @bigbartabs $CRWD $PANW wow great story and sounds like you made out well. EDS, I had a friend whose brother worked for them back in the 70's and 80's (not sure of exact years), and made out pretty good as well. He retired early (not sure of age) and started a business as a local fishing guide in PA. Nice! I remember Ross Perot and knew of EDS as he built that company like Thomas Watson did for IBM in the 50's and 60's - suits, white shirts, and ties required. And I actually voted for him when he ran for president (think in the 90s'). Very smart and successful CEO.
- Aibistin-1: @DavidK $CRWD $PANW $S I just saw this one. Sentinel One, $S, popped on the $CRWD news.
- DavidK: $CRWD Elon kicking them to the curb . Who benefits ? $PANW $S is getting lots of attention as a beneficiary .
- psr: @DAN any suggestions on $PANW above 345.90 on weekly chart should it will be good for starting position
- joelsg1: @Mars $CRWD $ARM $KBH On $CRWD, my biggest winner from last year and continuing this year (though not my biggest), all cybersecurity getting a boost from news $GOOGL is talking a $23B offer for the "Wiz",a startup featuring AI based threat detection/response, backing off now. $CRWD is about 34% above its 200d, which makes it a tough add here, and I think $370 is a key level to hold. It reports 8/28 after $FTNT 8/6 and $PANW 8/15 and usually reacts to both, so a wait and see for now. Good luck.
- traderbren: $PANW - looks poised to move higher from here.
- jwstich: $CRWD is down about 18 to 20 points. I am unable to find a reason. I even called Fidelity to see if they knew anything. $PANW, $ZS, and $FTNT are also down a little. Is this just rotation?
- Motorman: @jwstich $CRWD $PANW $ZS $FTNT Looks like it wants to fill gap down to 50 day. Holding but close to 3% stop below 20day.
- kenb: @jwstich $CRWD $PANW $ZS $FTNT not sure either, other than software stocks are all being sold off including cybersecurity. Holding $PANW and watching for a bounce across the sector.
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Henry: @jwstich $CRWD $PANW $ZS $FTNT (long) from ToS news
Salesforce, Snowflake shares among other prominent decliners as the rotation into software stocks takes a pause
Software stocks are continuing their pullback on Wednesday as the chip sector gets mor ... - joelsg1: @Motorman $CRWD $PANW $ZS $FTNT High fliers coming back to earth before E season begins. Long $CRWD shares and calls. I've had success waiting for $FTNT E the first big one to report 8/6, followed by $PANW 8/15 then $CRWD bringing up the rear 8/28, buying both the latter 2 if they're hit by $FTNT.
- scottrades: $PANW Short base.
- scottrades: My notes: $SPY /$QQQ Market closes early tomorrow $IWM Just under the 50 $DXY Rising Wedge $TNX At the 50 Day $SMH Holding the 21 EMA on low volume $XLK Support at the 21 EMA $IGV Close to the 2021 highs $IBIT Inflows back to positive. Tom Lee says 150K $ETHE ETFs should come this month $TSLA Power Gap $NVDA Holding the 21 EMA $AMZN 200 $SMCI See Dan’s note $AMD Great volume $ARM Support at the 21 EMA $AMAT Above the MAs $TSM Looks the same $LRCX Short flag $GOOGL Watch 186 $PANW Short base $NFLX New season of Perfect Match out now. $CYBR Watch 274 $PLTR Unable to hold the daily gains. $IREN Crypto stock $CORZ Above all the MAs $MARA Inside day $CLSK Watch 18.50
- Wolf: #Cyber security $S $PANW $CHKP All had big green bars on higher volume. Looks like could be more upside.
- kenb: $PANW up almost 3% today on upgrade. "Baird analyst Shrenik Kothari maintains Palo Alto Networks (NASDAQ:PANW) with a Outperform and raises the price target from $340 to $360." This and $CRWD showing strength.
- scottrades: $PANW Gap and Go
- kenb: @Mckirdie12 $DDOG all cybersecurity software stocks acting well today. See $PANW $CRWD $ZS and others.
- Mckirdie12: @kenb $DDOG $PANW $CRWD $ZS Thanks ...maybe a rotation into software and out of the chips?
- scottrades: My notes: $SPY / $QQQ Above the MAs $IWM Firming up $DXY Still above the 8EMA $TNX Under the 200 Day MA $SMH Consolidating along the 21 EMA $IGV Getting going $OIH Long slope $XBI Along the 21 EMA $ETHE ETF coming potentially July 4 $AMZN Look at that weekly. $SMCI Good volume off the 50 Day $ARM Holding the 8EMA $GOOGL Working $NFLX Watch 690 $ANET Breaking out $CYBR Watch 271.65 $NU Watch for a PB $NVO Along the 8EMA $IRM Watch 90 $ELF Watch 222 $PANW Curling up $FRPT Good volume, Watch 133 $PLTR Working, support at the 21 EMA $COIN Just under the 50 Day $MSTR Outperforming Bitcoin $MARA Watch 20.30
- jeffrhen55: @scottrades $SPY $QQQ $IWM $DXY $TNX $SMH $IGV $OIH $XBI $ETHE $AMZN $SMCI $ARM $GOOGL $NFLX $ANET $CYBR $NU $NVO $IRM $ELF $PANW $FRPT $PLTR $COIN $MSTR $MARA Thanks for the end of day wrap - appreciate you buddy! Was rooting for the Oilers down here in Dallas and thought McDavid would pull it out again (like he did more than once to my beloved Stars).
- mopick: $PANW, appears to be breaking out here
- scottrades: My notes: $SPY Trend is fine $QQQ Clear support $DXY Back near the April highs $SMH Holding the 21 EMA $XLK In trend $IGV Watch 85.25 $AMZN Breaking out $TSLA Watch the 200 Day $NVDA Holding the 21 EMA $META C&H $MSFT Let it work $ARM Above the MAs $GOOGL Added to the ATL $AVGO Above the 21 EMA $BROS Great volume $NVO Back to the 8EMA $SNAP Watch for a PB $NFLX In trend $ANET Holding the 8EMA $PANW Watch 327 $TMDX Watch 149
- traderbren: $PANW - might be getting some interest. Clearing the 8ema but the 20d is still overhead.
- kenb: @traderbren $PANW added some as it was bouncing off the 50d earlier this week.
- traderbren: @kenb $PANW - good move! I started a vertical call spread yesterday.
- debeers: @traderbren $PANW -Except that $CRWD is the winner in the space IMO
- kenb: @debeers $PANW $CRWD you are correct in that $CRWD is acting much stronger recently in its cloud offerings. $PANW weakness is due to that it is in transition from on-premises to cloud and earnings/margins/guidance is suffering as they have integrated new cloud-based offerings and are allowing free trials to customers to try before they buy for the rest of 2024. Then they will begin charging for the subscriptions. I've been building a position on this weakness as a long term hold. Historically, they have been the leader in the space, and will continue that into the future. Of course, the challenger, $CRWD, could continue taking market share to become the leader. Maybe there is room for both in the market. Time will tell. Good luck to both of us.
- kenb: @traderbren $PANW and the 8d is starting to curl upward, and possibly cross the 20d soon. Both MVA's were descending and are now flattening from that and starting to curl.
- kenb: @traderbren $CRWD $PANW as well, though slightly below 8d and 21d. Added shares as it was bouncing along the 50d as well. Trades similar, though $CRWD acting much stronger. Am building a position in the beaten down cybersecurity names, I think they have a lot of upside since enterprises need the protection going forward with reports of increasing reports of hacks.
- kenb: @StockMarketMentor could you cover Cybersecurity stocks - $PANW $CRWD $ZS
- kenb: $PANW making an early move this morning towards the top of the range, after the Feb earnings drop. Could hit some resistance at the $320ish level before breaking out to close that gap.
- kenb: $PANW added a few shares on the dip earlier this morning, for a long term investment.
- camaro69: $AA moving higher $JPM bouncing back $PANW climbing back
- Motorman: $PANW nice bounce off 20day. Thanks for expected move @Joelsg1 yesterday. Bought there in After market yesterday. 295.
- joelsg1: @Motorman $PANW Nice, but easy to calculate, add nearest expiry atm call and put ask and then I apply 15% discount per old advice from @Dan.
- traderbren: $PANW - looking for a gap close on this bounce to 314.58 -- nice 59min and counting trade.
- Motorman: @traderbren #OT Will do, thanks. BTW $PANW filled gap and then some, good target to sell some at.
- Motorman: @joelsg1 $PANW thanks, did not know about 15% discount. Also easier when its posted. Was at work and did not have the time to look it up ;) trading on the fly!
- traderbren: @Motorman $PANW #OT - yep, out of $PANW once the gap filled. ;-) Gotta love those gap magnets!
- kenb: $PANW earnings after market close tonight. Holding a profitable position through the event. Picked up the shares after the last earnings sell-off on the dip and added a little on the way up. Their guidance last time was soft during their transition from on premise sales to a SAAS model which does take some time before the recurring revenue takes off, so bullish on the stock towards the end of year.
- joelsg1: @kenb $PANW I've got about a $27 implied move into Friday, have only a small long pos remainder with a big cushion so also holding through.
- ZMan2: @kenb $PANW Long from far below big cushion holding thru earnings.
- Henry: $PANW Wack $1.32 vs 1.25 est
- joelsg1: @Henry $PANW Down implied move ah.
- Cjauger: #ETH Kboom!! $PANW taken to the woodshed again
- ZMan2: $PANW to report Mon 5/20 after the bell.
- joelsg1: @traderbren $CRWD Thank you. Right, but considering a play based on Cramer which has worked sometimes but wouldn't make sense if Cramer already revealed the ticker. ST only as stock will move on $PANW E next Monday. BTW, implied move into expiration tomorrow about $5.
- joelsg1: $PANW Keeps building on that base above 200d, 50d and now 8d. Long from below and adding small as we go into E next Monday.
- joelsg1: $PANW Building a nice bottom base off the 200d and now the 50d. Long from below, but intend to buy the next pb, perhaps on the $FTNT E next week.
- joelsg1: $UNH This is another short as it failed at the 200d last Friday. And having paid a ransomware a few weeks ago, news that a second ransom has been demanded by co-conspirators ostensibly because their partners in crime absconded with the Btc ransom without cutting them in, proving the old adage 'no honor among thieves'. $PANW looking interesting again back at the 50d with E 5/23. Small long from below and short calls way above.
- vitoB: $ANET $PANW above yesterdays closes, dtrade starters off lod
- joelsg1: $PANW Strong off the 200d on expanded AI cybersecurity pshp with $GOOGL.
- RD: $PANW Close to LOD
- wineinquirer: @debeers $CRWD $ZS $CYBR $PANW Cybersec sector struggling since PANW announced earnings late Feb. Then came ZS and now $CRWD finishing near lod after strong earnings on very hvy vol. $CYBR a bit less damaged but still looking suspect. While logic would dictate that this sector should be strong in this era, the charts are saying otherwise! Can't help but thinking of @DAN's philosophy that when a stock or sector is not acting the way you think it should, believe the charts! Just intrigued as to the "why" and if existing/potential client budgets are overextended such that they are quietly reducing their investment in this important sector. Would certainly appreciate any additional insight into this. Previous positions in ZS & CRWD but none @ present.
- Henry: @wineinquirer $CRWD $ZS $CYBR $PANW I agree with Woody and the Diamond chick, I'm watching CNBC on DVR delay, so maybe the CRWD CEO has already been on Cramer, but while I would say the breakout failed in CRWD, you can't say it's a bad chart.
- chrisbman360: @woodman $CRWD reports tonight. Wonder if CRWD will get pounded like $PANW did after earnings?
- woodman: @chrisbman360 $CRWD $PANW - Thanks for the earnings reminder. I had it in my notes but looked past it.
- kenb: @chrisbman360 $CRWD $PANW yes definitely, they are somewhat connected. If one pops the other will pop also, and vice versa. Initiated a position in $PANW right after the ER sell-off, and am still profitable even now that it has backed off a little bit. No position in $CRWD, but will watch closely. Enterprises need these cyber security offerings as hackings continue and don't want to report that they have been hacked, so purchasing and installing this software and alerts is like having insurance. I also realize that it might be a long term hold to really reap the benefits of higher prices.
- joelsg1: @woodman $CRWD $PANW Implied move about $34 into E tonight. Down $25 in 2 days back to 50d at my last stop/trim. Still long from way below and think this may surprise to upside as a beneficiary of $PANW's change in bundling strategy.
- woodman: @joelsg1 $CRWD $PANW Thanks.
- joelsg1: @woodman $CRWD Yep, $CRWD got to the single platform first, beating out $PANW. Boom and way above implied move so far ah.
- kenb: @woodman $CRWD lifting all cyber security stocks as well. $PANW $NET $CYBR, they all took a hit after $PANW earnings. I still think $PANW is a long term buy at these levels as they go through the current strategy transition.
- woodman: @joelsg1 $CRWD $PANW Joel, nice call on $CRWD. Glad I held.
- joelsg1: @woodman $CRWD $PANW Thanks, also my biggest winner last year.
- Sanelan: @wijimmy $PANW #BITCOIN - happen to monitor this one - in my opinion nothing like ripping right along bitcoin.
- billyzeke: I've only got one lagger in the red today. Quick, someone call Nancy Pelosi and tell her to buy more $PANW calls! :)
- woodman: @billyzeke $PANW - My stop was hit today.
- billyzeke: @woodman $PANW I sold most of mine yesterday but am still holding a third...thinking I may close it all out if it doens't move up before the close.
- bigbartabs: @billyzeke $PANW ... Nancy's phone just rings. I tried making PANW rebound today too, ended up selling it at the close. Maybe it will drop down to the 100dma Monday for another try.
- billyzeke: @bigbartabs $PANW LOL Thanks for trying! I sold the remainder of mine at the close too, but will definitely be watching for another entry.
- bigbartabs: $PANW ... rocketed off it's low, from the 200dma. Now recoiling for the 3rd day just below the 8dema. Keep an eye out for another break higher above. It does have the 50dma as resistance.
- GOOSE: $COIN STO 3/1/24 205.0 CALLS @2.60 EXPIRES TOMORROW $PANW STO 3/1/24 320 CALLS @1.14 " "
- Onthemark: Sold some $CLSK at 23, still Long. Biggest position is $SPRY, also long $INZY, $EFTR, $EYPT, $LABU, $GTLS, $PANW, $PTLO and $CCL
- wijimmy: $PANW ..... Ripping right along with #BITCOIN....
- traderbren: @wijimmy $PANW #BITCOIN - clearing the 50d -- thanks to the Pelosi trade. ;-) LOL
- billyzeke: @wijimmy $PANW #BITCOIN Yeah, that turned out to be a good bottom fishing expedition.
- wjj3: @wijimmy $PANW #BITCOIN take ;look at $S
- kenb: @billyzeke $PANW #BITCOIN agreed, this one really panned out, doesn't always work.
Stock Price | $382.36 |
Change | -3.86% |
Volume | 5,151,800 |
Palo Alto Networks Inc offers an enterprise network security platform that allows enterprises, service providers, and government entities to secure their networks and safely enable applications running on their networks.
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