ESTC Pushing Resistance after PEG

By SWRLS
Updated
ESTC making a nice run at the downward resistance on the daily. Printed a beautiful PEG after earnings in early December. Nice looking hammer candle during a weak tape suggests this should be a leader when markets bounce.
Comment
Nice breakaway gap so far
Trade closed: target reached
Another gap up and time to sell. Great gains today!
Candlestick AnalysisESTCPEGresistancebreakSupport and ResistanceTrend Lines
SWRLS

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