Establishment Labs Holdings Inc.
Long
Updated

$ESTA interesting mid-term and macro potential

84
ESTA is showing interesting mid-term and macro potential.

Local support: 45–43. As long as price holds above this zone, I’m watching for more immediate upside potential toward 51, and if momentum sustains beyond that level — continuation to 60+ and higher.

Chart:snapshot

Macro view:snapshot
Trade closed: target reached
Price is showing strong follow-through and has entered the next local resistance zone at 67–74, where some selling pressure might be expected.

From a structural standpoint, the mid-term bullish trend has substantial support room in the 60–52 area. If we see an orderly retest of the May 2024 breakout zone, it could potentially open new opportunities to add or initiate a position.

Chart: snapshot
Note
ESTA watching for a new base to form in the 65–58 / 53 mid-term support zone ahead of another upside push toward the 90–100+ resistance area.

Chart:
snapshot

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