$PANW - RC -
Added 2023-05-23 09:33:51 +0000 UTCThe bounce from the start of 2023 has been very aggressive but look at their earnings, they have never missed and their PE has been improving substantially, going from 2494 right now to a FWD PE of 41.....this is a company that the market has had high expectations for and has been delivering.
I would be watching very closely at the top blue line in order to eliminate the red corrective wave. Above the blue line and the bulls have it I feel.
