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Bull Flag in Palo Alto Networks (PANW)

Bull Flag in Palo Alto Networks (PANW)

by | Dec 20, 2021 | Chart SetUps

Palo Alto (PANW) nice bull flag shaping up with shares back at the 55-EMA and forming a nice base with recent highs at $551.50. A breakout move targets a run to $605. MACD is flattening out and starting to turn higher while RSI is around the 50 line and plenty of room to run. PANW has been a top performer in 2021 and holding up well recently.