Elastic's 15min chart: Bollinger Bands expanding downward, bearish Marubozu triggered.
ByAinvest
Thursday, Nov 6, 2025 12:03 pm ET1min read
ESTC--
Elastic's 15-minute chart has triggered Bollinger Bands expanding downward, with a bearish Marubozu pattern observed on November 6th, 2025 at 12:00. This indicates that the market trend is being driven by sellers, and thus, the sellers are in control. Consequently, it is likely that the bearish momentum will continue.
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