We predicted the strong fall possibilty on 4th Nov 2021 !
Updated
How amazing we were aware of possibility of the strong collapse in ETSY stock on 4 NOV 2021 by means of Elliott waves! ( see the worst case scenario below ):
ETSY has completed a long term 5 wave up going cycle and now is correcting it.
The Whole Correction may end at 156 ( Which I give very low probability based on wave forms), 121 or even 70 USD ! It may seems somehow unbelievable or even ridiculous talking about 70 USD at the moment. Although the correction cycle may end at 121 at 0.618 golden ratio of the whole up going cycle, Retracement to 0.786 level (70 USD) is not uncommon for a large cycle wave two.
We are prepared in advance to catch long term profit from this stock at the end of correction. I am going to propose another unbelievable target for next long term bull run ! ETSY will see prices around 600 or even higher in up coming years !
Good luck every one and wish you all the best.
ETSY has completed a long term 5 wave up going cycle and now is correcting it.
The Whole Correction may end at 156 ( Which I give very low probability based on wave forms), 121 or even 70 USD ! It may seems somehow unbelievable or even ridiculous talking about 70 USD at the moment. Although the correction cycle may end at 121 at 0.618 golden ratio of the whole up going cycle, Retracement to 0.786 level (70 USD) is not uncommon for a large cycle wave two.
We are prepared in advance to catch long term profit from this stock at the end of correction. I am going to propose another unbelievable target for next long term bull run ! ETSY will see prices around 600 or even higher in up coming years !
Good luck every one and wish you all the best.
Note
Strong bullish reaction to our 70 USD target proposed several weeks ago ! what a nice prediction ! agree???Note
It reached to 70 and prediction worked well ! S.th which seemed unbelievable became true !!
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