Apr. 3 at 3:16 PM
$PANW $163.21 (+1.6%)
MACD just turned bullish. Signal line cross confirmed. Momentum shift in play.
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Here‘s what the tape says:
RSI: 60.1 → Neutral but leaning bullish
MACD line now above signal → Bearish structure breaking down
50MA:
$162.85 / 200MA:
$186.54 → Death cross still overhead but gap narrowing
Key resistance:
$162.20 middle BB → Broke it today
Next logical test:
$167–170 zone
Volume watch: 4.35M shares traded, 58% below ADV of 10.4M. Low-volume rally means smart money still sidelined — or trapped shorts? Dealer’s choice.
Fundamentals back the move:
$133.2B mcap
Revenue +14.9% YoY last print, EPS
$1.03 beat
$0.94 est
Consensus target:
$209.95 → 28.6% upside
42 analysts, 33 Buys, 9 Holds
If this MACD crossover holds and volume returns, PANW could see a fast grind toward
$200. Watch
$157.50 as invalidation — break that and this whole setup fails.
Don‘t chase. Let the confirmation come.