Home > heikin-ashi > Heikin-Ashi and cyber security $PANW $FTNT #cybersecurity #equities #markets

Heikin-Ashi and cyber security $PANW $FTNT #cybersecurity #equities #markets

September 21, 2015

Palo Alto Networks (PANW) daily

  1. Consolidation
  2. Support was broken recently (see 1.)
  3. Indication for a strong downtrend trend (OK)
  4. Indication for a strong downtrend trend (OK)
  5. Indication for a strong downtrend trend (failure)

 

Palo Alto Networks (PANW) weekly

  • Waiting to break above resistance (trend reversal confirmation).

 

Palo Alto Networks (PANW) monthly

  • Wait-and-See

 

Bottom line: Not worth getting long now.

 

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