Palo Alto Networks stock price (PANW) fell mildly in the intraday levels, while gathering positive momentum to rise anew, as it also vented off overbought saturation in the RSI, with negative signals out of them, amid the dominance of the main upward trend as it trades alongside the medium-term trend line, with positive support from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the resistance of $327.57, provided the support of $276.80 holds on.

Trend Forecast: Likely Bullish