Analyzing the options chain and the chart patterns of PSTG Pure Storage prior to the earnings report this week, I would consider purchasing the 36usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $2.25. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
downside breakout of channel > return move > rejection off channel bottom. PT is ~$16. A close above $31 would invalidate
PSTG setting up a extreme bottom bounce pattern and going long over the next week with presentations at 3 conferences through sept 13 by iCantw84it 09.07.22
new ath printed last week, and has looked strong so far this week. Confident we see $40 in the coming weeks/months
I published the pattern here guys , Before the move happen . Success descending triangle on #stocks $PSTG . It could go long again but it needs a pull back after this strong move .
Friends, I come to you with a RED ALERT - Company with disruptor tech only understood by software engineers (Kubernetes) - Similar to $PLTR ranged for a month+ in a bull flag - Currently on 5th try at breaking the resistance of wedge (PLTR broke out on 5th try) - Tech season, many other accumulated tech companies breaking out with political unrest settled *** ...
Unfortunately I see a little bit of downside next week with some heavy selling in the 20s. This is just a small correction though, and I will be buying into downtrend to $21. We will see a parabolic run soon enough. PT: $35 by ER.
Pure Storage PSTG, Long opportunity. Not a day trade or swing. Has formed a nice base and seems ready to steadly increase. Target 20$ for earnings at the end of November. Unless big market crash or cloud bubble, should flag for a while , consolidate and then start its bull run.
We have a bullish ascending triangle we are breaking out of now and will be confirmed if we close above $17.77. Also have a golden cross on the 50 and 200 EMA soon to be bullish crossover on the MACD. Measured move of the breakout should take us right to $20. Good luck traders.
$PSTG is still below the trend and very close to brekout. Yesterday's volume was above the average and broke 20SMA (red) out . Needs to get above $18.08 to be long. 12 months Consensus Price Target: $20.10 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
PSTG close to strong weekly support line. possibly buy. wait for 123 pattern for confirmation. I also watching this one for trade .
Pure Storage ($PSTG) - ER beat on 5/21 somehow led to a price drop on this flash storage stock. I was originally alerted by seeing $NTAP 's chart / dip. $NTAP is a competitor and is suffering the same dip. I'll be monitoring these two looking for a reversal.
PSTG showing bullish fibs. 17.70 should become a support for target to 19.56.