I have a significant amount of PANW stock that I got when the stock price was about 130 . Sell it now considering its almost ATH(~200) or wait for their earnings that is coming up in 2 weeks? #PANW #paloaltonetworks
Sell calls above resistance. You either sell higher or get paid to wait
or lose money if the stock price goes significantly above the strike price!
OP was ready to sell at current price. So you lose nothing
Too late to buy now?
You’d be buying near the ATH after the 3:1 split. There is speculation/hope stock will hit 300+ again but invest at your own risk
Yes. Hearing 300+
Wait for earnings. Fortinet earnings were strong. FTNT correlates very strongly with PANW.
Except the fact that Fortinet Hardware firewalls sales are still much much stronger than PANW! Hope PANW can get stronger sales growth for the Hardware/non-cloud products.
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I’d say wait for the earnings. There are people who say wait till PANW will join the SP 500 which could happen in a few months or so
Yeah, I reckon that is what still keeping the stock strong amidst volatility.