Pure Storage Stock Primed For A Short-Term Bounce

Forbes
2025.12.17 20:58
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Pure Storage (PSTG) stock, after a significant drop post-earnings, is showing signs of a potential short-term rebound. The stock is nearing a key technical support level, with historical data suggesting an 80% chance of a 7% gain in the next month and a 25.8% gain in three months. Options trading is recommended due to low volatility expectations, as indicated by Schaeffer’s Volatility Index.