ESTC Trade Analysis & PlanElastic N.V.BATS:ESTCWavervanir_International_LLC📊 ESTC Trade Analysis & Plan Symbol: ESTC (Elastic N.V.) Current Price: $89.18 Bias: 🔥 Bullish (Short-to-Mid Term) 🔎 Technical Observations Double Bottom Formation around the $74.60 level confirms a strong base with buyers defending the zone. Fibonacci Levels: Price currently consolidating near equilibrium and attempting to reclaim the 0.618 retracement zone. Major upside extensions point toward $113–$118 before reaching the 1.618 Fib expansion. Supply Zones marked between $95–$118 may act as resistance clusters; however, strong momentum could trigger a breakout. Volume Analysis: Noticeable spikes on rallies suggest accumulation during dips. 📈 Predictive & Institutional Models WaverVanir DSS Forecast: 15-Day: $90.09 (+1.0%) 30-Day: $91.29 (+2.4%) Institutional Forecast (Stacked Ensemble): Target Price: $96.87 (+8.6%) Confidence Interval: $92.28–$102.65 Signal: STRONG BUY Risk Metrics: Max Drawdown: 36.4% Sharpe Ratio: 0.59 (moderate risk-adjusted return) Institutional Agreement: 9/9 bullish 🛠 Trade Plan Entry Zone: $88.5–$90.0 (current consolidation zone) Stop Loss: $82.75 (recent structural low, ~7% downside protection) Target 1: $90.96 (short-term resistance) Target 2: $96.87 (institutional forecast target, +8.6%) Target 3: $113.00 (Fib 1.272 extension if breakout sustains) Risk/Reward: ~1:2+ Position Size: 25% allocation recommended due to volatility ⚡️ Catalyst Watch Technical Catalyst: Double bottom & Fib extensions aligning with predictive bullish models. AI/Institutional Consensus: Strong Buy signal from institutional DSS with 95% confidence range supports the trade thesis. Market Sentiment: All nine institutional models lean bullish → upside bias remains intact. 🚀 Conclusion ESTC is showing a structural reversal pattern, supported by predictive DSS and institutional grade forecasting. As long as $82.75 holds, the path of least resistance is up. First targets are modest ($91–$97), but a clean breakout above $100 could open the door to triple-digit Fib extensions ($113–$118). Trade smart, manage risk, and scale in/out.