ETSY starts a new wave extension with a pennant
ETSY finished a wave correction last week and initiated a new wave extension.
It signaled gathering steam with a pennant in wave 1.
Short term target is the previous high around 136. Longer term if markets hold up, we could be looking at 155.45. Our stop's right below the pennant at 127.
It signaled gathering steam with a pennant in wave 1.
Short term target is the previous high around 136. Longer term if markets hold up, we could be looking at 155.45. Our stop's right below the pennant at 127.
Trade closed: target reached
ETSY just about made its target but there isn't a lot of momentum so I closed this out early.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.