ESTC 12/21/23

Elastic N.V.NYSE

Description

⋅ Dec 22, 2023 5:52 AM

Acting very similarly to its previous earnings gap. Three day surge that stays overextended (4x+ ATR from the 10-day avg) for about two weeks, rolls over into 10ema & erVWAP. Expecting similar results or more serious follow-through?

Low volume holiday trading ahead.

Volume Moving Averages