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After we take a look at the Palo Alto Networks (NASDAQ:) chart, we will see a climb from the $435 vary on the Could 21 to the $470, the place it shaped its new help stage, then climbing to the $500 mark, failed to maneuver previous it, and returned to the $470 stage help.
Throughout yesterday’s session, there was a spike early on its session, reaching the excessive of $512 however finally returning to the $502 the place it was final discovered buying and selling. At this time we will anticipate a transfer in direction of the $512 closest resistance stage.
If, nonetheless, it doesn’t handle to carry on to the present stage, then a transfer in direction of the $470 help stage might be anticipated.
Palo Alto Networks inventory worth chart.
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