Elastic's 15min chart triggers Bollinger Bands expanding upward, bullish marubozu.

Thursday, Oct 30, 2025 11:17 am ET1min read
ESTC--

According to the 15-minute chart, Elastic's recent price action has triggered the expansion of Bollinger Bands upward, accompanied by a bullish Marubozu formation on October 30, 2025, at 11:15. This indicates a sustained upward trend driven by strong buying activity, with buyers dominating market sentiment and likely contributing to continued bullish momentum.

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