PSTG was able to break a strong resistance with the recent earnings report. I have been bullish for a while on PSTG, and continue to be so. However, I expect a pullback to the fibonacci support before entries look good. This bull trend can easily continue, and fibs are the best way to play it imo.
Make sure to check out my post on NTNX for a similar long-term pattern.
I am not a financial advisor, and everything stated is my opinion. Trade carefully.
Make sure to check out my post on NTNX for a similar long-term pattern.
I am not a financial advisor, and everything stated is my opinion. Trade carefully.