Chart Patterns & Algorithmic Trader (July 27, '20) (47)
PANW Cup & Handle Pattern
s
Reviewed in CPAT 7/13/20
PANW's daily chart is forming a C&H pattern and trading near the breakout
level: 251.21. C&H patterns are valid only when price closes above the
breakout level. PANW Pattern's mid cup Level: 188.29, and handle low is
217.43. A stop is placed below the lowest low of the mid cup or handle's
low. Targets are placed at 298.85, 328.8 to 349.9.
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