ETSY at beginning of downtrend. Distribution up top and currently pushing up against channel, looking to make a large move down. There is a good size unfilled gap from previous bull channel. Targeting bottom of gap with weak resistance to this point. Peace out playas.
The stock ETSY has hit the 50% Fibonacci resistance line and bounced off of it. The Fib line represents a trend that had been in place from February 2017, around $9 price, until the high of $73 in February 2019. This resistance line is very strong, and can represent reversals along with other indicators. Currently we see on the 1D, 4H, and 1H charts, that the...
SHOWING EXHAUSTION ON RSI. GAP FILL AROUND 52 ish. DOUBLE BOTTOM ON HISTORICAL SUPPORT LEVELS ? PRETTY LOW RISK ENTRY HERE.
ETSY has been consolidating within a standard box pattern for the past several weeks, and has broken out of its initial trend line resistance, ready to test the upper region of the box at 73.50-74. Whether or not it breaks from there remains to be seen, but a test of 74 would yield 3+ points per share. Not a bad return.
Etsy earning smashed expectations in a time where retail had an awful Q4. Q1 looking sour for retail as well but this is a strong company with no real competitor so as long as the market is pumping I think ETSY is going to outperform. Weekly chart shows price breakout, DI+- breakouts, ADX turning up, and RSI flexing. GL
It doesn't get any better then this folks. Don't have time to elaborate.
NASDAQ:ETSY Ignore that purple line, I didn't see it there when I posted the chart. Title says it all. Declining volume, Bear divs, Overextended, Head and shoulders, Nasdaq stretched overbought for the past few days. One catalyst and this will drop just like last time. Set your stop loss at new highs, easy play. I'm playing this with ITM puts and my target...
This play and the reasoning should be pretty self explanatory, zoomed the chart out so you can see how far back I look before taking a trade. The play is from the Red sell rectangle to the Green support rectangle, and start looking to abort the trade at new highs with high volume and/or any random bullish news. Looks like it's at resistance and almost all the...
ETSY market cap. 4.7B vs AMZN market cap. 856B ETSY has potential to grow compared to e-commerce retail giant AMZN Long term idea without predefined stop loss and target profit. Disclaimer: I do not provide investment advice and I am not a qualified licensed investment advisor.
I see a lot of earning gaps, that haven't been filled!
Today as soon as ETSY will cross SMA200 from below I will look for a LONG while price is moving towards 54.50 resistance level, and while SMA20<SMA50. SL 0.44% TP 1.32%
$ETSY - Near Top; Pending Deep Retracement - 08 AUG 2018 Tentative wave count suggests completed bullish impulse, pending correction CROW Code calls for correction at current vicinity CROW eyes 28.97 BULLISH reversal Overall - Bearish; pending corrective Risk Line (dashed curve) suggests: 1 - Pushback at/near 40.86 (RED) 2 - Reversal at/near 48.64 3 - Break of...
Online flea market stock, shaking off a few fleas post-earnings! Still been a great performer.
(this is just a draft, I'll upgrade this chart soon) 1) there are interesting levels tested many times (as support or resistence) 2) take away the "trump effect" of yesterday, stock move out and up 3) think about future acquisitions: ETSY is at a good price, ETSY is still a good (almost leader) marketplace for its niche, what if AMZN want to make some...
As in many stock's that i published (except gold , it's weak) I saw relative strong in ETSY