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Pure Storage, Inc.
Updated

Pure Storage - $PSTG - Earnings Beat + price drop

171
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.
Note
We're getting close -- waiting for it to get right under the 2x standard deviation and show signs of a reversal before hopping in. Will be monitoring NTAP as well.
Order cancelled
I wasn't able to pick an entry point for this one before it returned to it's previous trend. (Life happened). If anyone did manage to buy right before it turned around, I'm sure they did well!
I'll still watch this one for dips, as well as NTAP
Note
Wow! Should've gotten in before the rocket took off. Good luck to all who did!
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Wow! That's all I've got to say. Too bad I didn't find an entry!
wounsel
BEATbottomEarningsPSTGstorageTriangle

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BEATbottomEarningsPSTGstorageTriangle
wounsel

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.