The Traderszone Network

Published in TZ Latest News 17 December, 2015 by The TZ Newswire Staff

Palo Alto Sets Up In Double Bottom With Handle

Palo Alto Networks (PANW) may be offering investors an intriguing possibility: It appears to be setting up in a double bottom with a handle. Skeptics will wag their fingers and say it can’t be a valid double bottom because the second leg didn’t undercut the first. However, it did undercut if you disregard Monday, Aug. 24, which was in essence a flash crash caused by the meltdown of the Chinese stock market.

read more