Elastic N.V.Long
ESTC - Cup and Handle (8/16/2021)
Larger cup and handle play for this tech name. Stock is currently still forming a handle with KMA catching up which is exactly what you want to see. This stock could continue to hold the handle until they report earnings which is what happened to a lot of the earnings reports recently.
A good R/R setup would be a pullback to the 23EMA with a 5% stop loss or a break past the current resistance at the $159.00 area.
A good R/R setup would be a pullback to the 23EMA with a 5% stop loss or a break past the current resistance at the $159.00 area.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.