PANW
๐ก๏ธ PANW closed positively this week with a 0.78% gain, maintaining its 40-week moving average.
๐ The stock showed resilience with below-average volume, unlike other declining stocks.
๐ PANW remains a strong portfolio candidate due to its consistent performance and lack of distribution.
@VisionariosBolsa:
“We are also seeing the same behavior in values such as Palo Alto, a value that, in this case, has been in the portfolio for almost two years, because we entered this break. A value that I have been telling you about for a long time, that it is in the portfolio, and always, in fact, the same. This value, as long as it respects the average of 40, perfect. It is not even the average that I have reference for my profit-taking stop, but it is the measure that the value is taking as a reference for its trend. Notice how every time it touches, even in falls like this, I told you, ‘I don’t sell because as long as it respects the average, perfect.’ It continued to respect the average; it respects, it respects, it respects. And what is happening now with so much volatility in the market? Well, look, it continues to respect the average. This week, it closes positive, plus 0.78%, volume below the average, when we are seeing the majority of values with a lot of volume and with pronounced falls. Therefore, be careful here; there is no distribution that we are seeing in other values. Perfect. I am interested in keeping this value in my portfolio, and that is what we are doing at the moment.”
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