ESTC | Continued stock growth- Timeframe: Weekly
- Trade type: Buy stop order
- Price: 89.75
- Take Profit: Open
- Stop Loss: 83.04 (-7.50 %)
Idea: Long on a breakout above last week's high - bullish momentum continuation.
Entry: Buy stop above last week’s high.
Stop-loss: Below the low of the same candle.
If the weekly candle closes below this level, the trade is invalidated.
ESTC
$ESTC is undervalued by 50-100% - NYSE:ESTC is growing high teens percentage. Its revenue will keep on growing with volume of data stored. As queries get expensive if it queries huge amount of data.
- Fundamentally, Currently NYSE:ESTC trade at $54.81 with a market cap of 5.67 billion and has a yearly revenue of $1.483 billion in 2025 and is expected to generate a revenue of $1.734 B
- Therefore, on a bear case, P/S multiple should at least be 5x , base case 7x and bull case 9x
- Market cap should be 8.67B (bear), $12






