PANW is shortable at approximately 440-445 due to technical resistance from an ascending trend line.
Bearish
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Verified InvestingPublished Oct 7 · 2 passages
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If we flip over a couple charts on my radar, Palo Alto Networks, check this out. major ascending trend line. These stocks, all of these kind of cyber security names have just been rock stars in their performance.
But what I wanted to highlight is this. If you extend this back, it's a perfect parallel with this low and these lows to high and to high. This gives me a shortable level on PaloAlto right around 440 to 445.
What this channel has said about $PANW
Verified Investing has 4 calls on this stock; only the adjacent ones are shown.
2026-10-07BearishThis one
If we flip over a couple charts on my radar, Palo Alto Networks, check this out. major ascending trend line.
Direction flip
2026-09-30Bullish
Next up into PANW, also breaching above its previous all-time high. But you see price coming right back in getting shy of the fresh new waters up above. Now, if PANW does continue, you can see this. It's already broken out earlier just a few trading do days ago pushed up and then since retraced and is maintaining somewhat of a loose consolidation up here in this range but still P&W is and will be in demand with cyber security threats with the looming uh um uh development and buildout of AI. So we have PANW next upside target is going to be the 50% area of this parallel channel right around $4262. You can see this this next inclining trend line will be just slightly above that range telling you that this range and zone will be a lot of resistance should we get up into it in the higher range $435.
Quote at 14:32 ›