JUMP REPORT
EARNINGS REPORTING TARGET / Trajectory Analysis Study
This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
UPDATED: May 21, 2018
PSTG
Target: PURE STORAGE, INC (PSTG)
Earnings Release: 5/21/18 (AMC-Today)
Position Entry: (at or near EOD-end of day)
Last 3 Quarters: “Jump Zone” Move: -10.92%, -7.46%, 19.42%
Consensus Estimates: ($NA whisper) ($-.10 estimize) ($-12 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
1 YEAR CHART (For latest news and analysis visit The Insider Mole research tool)
TRADE PLAN: BUY
ANALYSIS: StockJumpers trajectory analysis reveals a positive market reaction to the news release. The surprise here was the stock proce hit an an all time high on Friday and unless the results today are a significant beat it was more likely to correct some. Our data suggests that it will pop on the news not drop on a beat. We think the beat will be enough to propel the stock further.
We are lLONG for the event/
(Note: This is an After Market Close (AMC) release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 8-10%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
Click here to go to the research page to review the current financials and analysis of this stock before you place any positions. Just enter the ticker symbol.
How We Find and Trade These Events
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