ETSY to $92 or $130

ETSY being added to the S&P will provide give it some momentum that should easily break this current downtrend. I am however bearish on this market still and think post labor day when the smart money comes back, we start selling even more. It does also appear that ETSY could end up creating a H&S pattern that over time would send it down to around $60
Beyond Technical AnalysisChart PatternsETSYinclusionLONGshortTrend Analysis

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