ETSY - 9.95% Potential Profit - Ascending Triangle
Clear uptrend corridor with Support and Resistance confirmed multiple times over the past 4 months.
Ascending Triangle formed.
Short term swing trade that I would close before earnings on 5th August.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.
Suggested Entry $117.68
Suggested Stop Loss $114.47
Target price $130
Ascending Triangle formed.
Short term swing trade that I would close before earnings on 5th August.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.
Suggested Entry $117.68
Suggested Stop Loss $114.47
Target price $130
Trade closed: target reached
10.30% profit.
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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.