PSTG trade ideas
Long PSTG if this channel holdsI like PSTG if this holds here. Another big holding for ARK funds, and with earnings on the 25th you should at least be able to ride it up to the top of the channel
Pure Storage $PSTG Bullish ascending triangleWe 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.
PURE STORAGE predictionsHello traders, PURE STORAGE s in a compression zone, possibility of looking for the lowest one to break the zone up. Great breakout potential in the consolidation zone and to go to the top first.
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PURE STORAGE $PSTG$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
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Pure Storage will growth before earnings report Entry Price - 14.26
Take Profit1 - 14.52 +1.86%
Take Profit2 - 14.67 +2.86%
Take Profit3 - 14.81 +3.85%
Stop Loss - 14.1 -1.09%
$PSTG Upgrade for Pure storage. Pure Storage rating change at Raymond James Pure Storage upgraded to Outperform from Market Perform at Raymond James. Raymond James analyst Simon Leopold upgraded Pure Storage to Outperform from Market Perform with a $22 price target. Source thefly.com
Indicators bullish and signals are positive.
Market sentiment has changed, rotation back into tech.
Buy side volume impressive.
Average analysts price target $21.10 | BUY
Short interest 9.95% (high)
Company profile
Pure Storage, Inc. engages in the provision of flash-based storage solutions. Its technology replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory. The company was founded by John Hayes and John Colgrove in October 2009 and is headquartered in Mountain View, CA.
$PSTG Pure Storage set to fill the gap Entry level $17.00 | Price Target $20.00
Stop loss $16.30
Average analysts price target $21.20 | Buy rating
Upgrade details
Goldman's Rod Hall is buying the bounce in Pure Storage (NYSE:PSTG), upgrading to Buy from Neutral. His $21 price target suggests 28% upside from last night's close.
Pure Storage had a rough spring/summer, bottoming at around $13.50 in mid-August. Seeking Alpha.
Company profile
Pure Storage, Inc. engages in the provision of flash-based storage solutions. Its technology replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory. The company was founded by John Hayes and John Colgrove in October 2009 and is headquartered in Mountain View, CA.
Pure Storage aiming to fill upside Gap ====Entry Level $17.50 - Price Target $19.75====
Pure Storage, Inc. engages in the provision of flash-based storage solutions. Its technology replaces storage systems designed for mechanical disk with all-flash systems optimized end-to-end for solid-state memory. The company was founded by John Hayes and John Colgrove in October 2009 and is headquartered in Mountain View, CA.
PSTG price near to strong support linePSTG close to strong weekly support line. possibly buy. wait for 123 pattern for confirmation. I also watching this one for trade .
PSTG: A great company but they tanked last earningsRecovery is underway and not to be missed imho. Great name in storage...they are more of a software company than storage. Good name to own.
PSTGA nice handle forming. Ill keep eye on top of cloud and 50MA coming into play as support and keep an eye of breakout/down
Pure Storage - $PSTG - Earnings Beat + price drop Pure Storage ($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 - Nice double bottom Love this double bottom off the 100MA and a strong gap up today. I'm getting in with a bullish swing trade.
PSTG - Technical Analysis for Better GainsA newer stock (2015) PSTG (Pure Storage, Inc.) has rejected the $9.7x support line for the fourth time and drove higher off of heavy volume on 5/26/2017. Based on the FibR Levels on the daily timeframe, Friday’s close of $12.74 was almost too perfect, reaching the .618% FibR Levels. With a .786 FibR Level of $13.71 and a resistance level of $14.90, there is still room for this stock to run.
If volume continues to be above average on the bullish side the week of 5/30/2017, expect a break of the .618 FibR Levels. When looking at the MACD Levels, both the weekly and daily have crossed over. Bullish volume on the monthly time frame has doubled since April 2017.
Long PSTGMost analyst evaluate the stock around 25$
Recent bounce off a long term support
I am in half position
PSTG Finding Support Around 12After a 21% fall since Mid-November, I expect PSTG to find support around 12 based.
There are several signs that look like a reversal is due soon. Now, just waiting on price action to trigger a "buy"
