Thanks for starting this topic! I'm a newbie and eager to le...

Neve lose wrote a post · May 16, 2024 10:35

Thanks for starting this topic! I'm a newbie and eager to learn how others trade.

Behind my trade: The trade I'm sharing comes from @Invest With CiciCici's analysis of $Palo Alto Networks (PANW.US)$, a leading cybersecurity stock. The rationale is that as AI generates more data, the market for cybersecurity will expand significantly.

Besides the long-term growth prospects, PANW is also a key holding for Pelosi, and I trust she has valid reasons for keeping it in her portfolio.

My strategy: I bought the stock during the last quarter's earnings dip, around $290, and plan to take profit near the lower edge of the gap at $330. However, the stock has been sluggish so far. I'm looking forward to next week's earnings report to hopefully see some positive movement.

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more