PANW Stock (Palo Alto) skyrocketed over 27% in the last three months. Despite dipping slightly after coming off a new high, Charlie Moon believes the stock could be positioning itself for a potential near-term price jump.
His reasoning is based on a strange pattern he spotted in the stock’s chart last week.
Charlie guest hosted Friday’s MarketMinds episode, and covered a trade idea for PANW stock that his A.I. Trade Finder recently spotted.
Charlie explains why he loves the upside in PANW stock, the technicals behind this setup, and details on the trading strategy he would consider for this trade idea.
The analysis, insights, and strategies shared by Prosper Trading Academy’s coaches in Prosper Insider are strictly for educational and informational purposes only. All content reflects the personal opinions of the coaches and should not be construed as specific investment advice or recommendations. Any examples discussed are illustrative in nature and do not represent actual live trade signals or instructions to buy or sell securities. Trading involves risk, and individuals should carefully evaluate their own financial situation before making investment decisions.
Charlie’s analysis covers:
- The bullish chart pattern Charlie believes is forming in PANW stock
- The key moving average PANW traced back to last week
- Why Charlie believes PANW stock could be showing signs of a reversal
- Key price points to watch in the stock
- How much he believes PANW could move in a 24-hour period
- The risk-to-reward parameters Charlie would consider for this trade idea
Want to get Charlie’s next round of zero-day options trades?
Charlie Moon does a lot more than using A.I. to trade stocks and options. He recently launched his Thursday Blitz Program that focuses on trading zero-days-to-expiration (0DTE) options.
Every Thursday afternoon, Charlie sends out 3-5 Live Trade Signals for options that are set to expire the following day. Each trade signal involves making straightforward calls and puts, which are designed to be closed Friday morning.
The volatility is extremely high in these trades, but so is the profit potential.
Some of Charlie’s students reported returns over 602%* off these 0DTE trades!
Charlie gives a breakdown for each pick that includes:
- The reasoning behind his choice
- How to consider setting up each trade
- Optimal entry and exit points
The craziest part is you can potentially get in on these 0DTE trades with as little as $50!
Want to get Charlie’s next round of 0DTE trade signals?
He recorded this video with more information on zero-day options and how his Thursday Blitz Program works.
