ETSY - Megaphone StructureETSY can show signs of a megaphone structure
Once the strong bottom trend line is tested price may show a sharp reversal
ETSY
ETSY - updateConsumer cyclicals - internet retail... Quite a strong cycle down)
Impulse down is highly likely a wave C of a flat pattern. Internal wave structure 3-3-5, impulse should be complete soon.
Need a confirmation - waves 1-2 to the upside.
Trade safe
ETSY Disappointing ForecastQ1 earnings:
Revenue $579.3Mil vs $575.6Mil estimate
ADJ. EPS: $0.60 in line with 0.60 expected
Forecast Q2 revenue $540 - 590Mil vs $628Mil estimate
EDJ EBITDA 25% vs 26.5% estimate
My price target is $77.
Looking forward to read your opinion about it.
ETSY headed to $500+The overall chart of ETSY is actually healthy in the macro picture. I am loading up.
$ETSY Key Levels, Analysis, & Targets $ETSY Key Levels, Analysis, & Targets
Logarithmic View with a few buy targets… I’ll go in heavy if it gets near between 67-74... my alerts are set...
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
Etsy to Break Lower? Etsy
Short Term - We look to Sell at 112.96 (stop at 122.95)
Posted a Bearish Outside candle on the Daily chart. We look for losses to be extended today. Our short term bias remains negative. A Fibonacci confluence area is located at 89.40. Further downside is expected and we prefer to set shorts in early trade.
Our profit targets will be 89.34 and 71.20
Resistance: 150.00 / 200.00 / 300.00
Support: 110.00 / 88.00 / 70.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
ETSY - Triangle breakthrough possible!Etsy could see an explosion soon. Possible to see a good $10 change maybe more!
ETSY - STRONG DIAMOND REVERSAL PATTERN FORMING!! UP OR DOWN?Hey, Hi, Ho, whats up,
Seems to me like we have a pretty decent diamon pattern playing out here after a more than massive drop to the stock. I have found, and its also pretty well recognized that although rare, diamond patterns are extremely profitable if played correctly.
Not only can you flip short exp calls and puts as the up and down waves are pretty predictable - a long call strategy can give you a really great opportunity to accumulate contracts as the price action goes side to side as you wait for the conclusive breakout.
According to the chart the breakout projection is approx $200 which as I have charted it is a key level of resistance/support so that makes sense. Basically its a gap fill of sorts because the price fell HARD from 200 on.
On the flip side if the pattern fails and its just a continuation of the current down trend the price target is $80-$90 area - here's hoping it doenst go this way.
An importnat note for anyone playing options like myself, there is a significant lopsided amount of PUTS being held in open interest from now until Jan 2024 - obviously this can change however I think its pertinent to notate where it stands now.
Price action looks to be topping at this part of the diamond and should roll over down to about $125 by the end of March. IMHO either June 17 or 1/20/23 exp calls are going to be the most valuable
As of today I like:
6/17/22 ($175's and $240's)
1/20/23 ($230 CALLS)
However time will tell and I will revisit near the end of March or when my bottom alert gets triggered, which ever comes first.
NOT FINANCIAL ADVICE.
ETSY- $200 by March 18???ETSY setting up for a nice face ripper, but with the premiums on it, you gotta catch the downswing reversals. They could give us another bite at the apple around 134 if we gap down at open tomorrow. Looking forward to watching one of my favorite companies go for it!
TSLA, Dilemma of Previous wave is the key for future move !Recognizing Wave relationships is a key step in decision making and adjusting expectations from the market.
TSLA, always shows some interesting aspect of wave relationships. Do we have a large degree completed wave cycle and inside a major correction which makes TSLA crash to unbelievable targets? Or we are experiencing a less amount of correction and will see new ATH before such a crash?
Answering to those questions needs going back and see what has happened in previous correction which began at former ATH 900.40 USD . Before taking a closer look to that correction lets see what we have for TSLA in Weekly chart.
Weekly chart which has been shown on lefts side suggest that TSLA's move from end of last correction dating back to 5 Mar 2021 or 19 May 2021 is onset of intermediate degree wave (5). If completed, this wave makes a primary degree wave 1 completed and calls for a major fall ! Is that a case? Is intermediate wave (5) and primary degree wave 1 completed? To answer this question wee need to take a closer look on daily chart and investigate previous correction and wave forms in more details.
Daily chart on the right side suggest two possible scenarios :
First and the best case one : Intermediate wave (4) correction has ended on 5th Mar 2021 at 539.49 USD. In this case 780.79 high on 14th Apr 2021 can be labeled as minor degree wave 1 (Terminal wave 1 which is not usual in Classic Elliott waves) , Low at 546.98 on 19th May 2021 can be labeled as wave 2 and ATH to be top of wave 3 . In this scenario , we are in minor degree wave 4 which showed flat correction so far ( which is well matched with SPX and NDX 100 flat correction scenarios, See related idea for NDX 100 ). For this scenario to be valid , we need a strong bounce back to new ATH from 770-813 Support zone .
If happens, I can strongly recommend you to close your long positions at new ATH or go short since there will be a major crash just like what happened to ETSY , SQ , SHOP in stock market or SOLANA in Crypto ( See related ideas ). This scenario was pre-requisite of my publication titled " Elliott waves, Possibility VS Certainty ".
Second and worst case scenario : Intermediate wave (4) correction has ended on 19th may 2021 at 546.98 USD with truncated wave C . A truncated wave C does not go below the low of wave A and this may be the case for TSLA's wave (4). If so, Intermediate wave (5) and primary degree wave 1 have already been completed and we are inside wave 3 of primary degree wave 2 which means TESLA may crash to strange prices !.
To me, Both are valid with the best case one to be the most probable. If 770-813 support can not protect the stock I will think about second most probable scenario ( which is worst case) more seriously and seek for taking a SHORT position in appropriate time. For now I have my eyes on the mentioned support zone.
This analysis shows clearly that decision making in stock market is never an easy task.
Hope this to be useful for you. Good luck.
Etsy: Time to Buy? Etsy - Short Term - We look to Buy at 229.00 (stop at 206.00)
Previous resistance, now becomes support at 229.00. There is ample scope for a move higher from this important support. Trend line support is located at 220.00. Further upside is expected and we look to set longs in early trade. Buying continued from the 61.8% pullback level of 211.41. This move is expected to continue and we look to set longs at good risk/reward levels.
Our profit targets will be 289.00 and 305.00
Resistance: 250.00 / 300.00 / 350.00
Support: 229.00 / 220.00 / 200.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
PYPL- SPEED FAN BOUNCE - TRADE OF THE YEAR- BE PATIENTAll,
This is almost too perfect. Weekly everything lining up. WATCH THE SPEED FAN BOUNCE AT BOTTOM.
This Speed fan bounce and trend line bounce is going to be EPIC. This is a $200-$210 PT. Then bounce down on speed fan down to 190s 180s again then it should break 220+. How you want to play that is up to you I am aiming for 200-210 the second it gets 185-180. Risk I am willing to take. I see this as easily 200%+ considering IV is in the shi**er. Probably long term 400-600% assuming market doesnt tank or something news related.
Fib trend bounce here
Fib retracement here
Stoch RSI literally dead at 0
reg RSI sub 20 WEEKLY holy hell
long term trend line underneath $180
ETSY pump on Q3 earnings. My analysis with boxes.Hi everyone,
Let us take a look at recent NASDAQ:ETSY price development.
Huge leap from 234-239 zone to new highs at 283 .
Hard reject to 240 zone.
Climb back to 270 .
Taking a look at last 3 weeks volume profile, it is not uniformly distributed.
POC is at 239 .
Decent size volume occured in 270-275 zone, BUT mainly on the ask side.
What usually happens next in this situation :
Stock price either slices through the ceiling and squeezes to the absurd highs (like Tesla and Cloudflare)
OR
It diddles in the thin zone of the profile, repairing the structure, before the next big move. Here it's 253-272 zone.
Please like if this helped and comment your ideas.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise
ETSY, Short, Mid and even long term BUY chance!ETSY will see higher prices ! how far it goes higher? Lets follow !
ETSY has started a new up going wave cycle at 153.8 low which may be wave 5 of a larger degree wave cycle or in best case scenario be the wave 3 of 3 of that cycle ! I promise you that if best case scenario in larger degree happens few people can imagine unbelievable targets ETSY will meet!
Lets skip that optimistic scenario for now and just suppose that ETSY is going to complete the current wave cycle disregarding its position in larger degree cycle.
As shown on the chart ETSY is reaching to strong support around 230 USD to complete labeled wave iv. This support is formed by confluence of strong static support with 5 times reaction and cluster of typical Fibonacci levels. Small up going wave may start form the support and push the price up to 263-272 target zone to complete the labeled wave v and a larger degree wave labeled as (iii). After that wave (iv) correction push down price back to around 230 USD again and new larger wave (v) move up will start to complete larger degree wave 3 up to 290. Another correction and move up will push the price finally to above 300 USD. Many long and short chances for short term traders. All above details are briefly shown on the chart.
It is worth to note that what described above for the new cycle is just the worst case scenario for that mentioned cycle ! So, What I am suggesting here is just worst case scenario inside another worst case scenario. Who can imagine best case in best case scenario ??
Best case scenario in current wave cycle is the up coming move up from 230 to 263-272 zone is going to complete just wave 1 of an smaller degree wave cycle.
All in All, ETSY is very low risk for buy entry regardless of what I am suggesting about wave cycles. I just tried to offer a general view of the stock. I may publish the best case and worst case scenarios in larger degree waves to make it even more clear for all of you my friends.
I have to emphasize although I am confident about this analysis , always there is the chance of mistake therefore as always we have to trade objectively.
Good luck every one!
$ETSYEtsy is an e-commerce marketplace for handcrafted and vintage goods.
It connects buyers with millions of creative sellers, helping them find the types of specialized or even personalized items that can't be mass-produced by big-box retailers. Moreover, Etsy has something for everyone, as its diverse inventory ranges from home furnishings and décor to apparel and beauty products.
Broadly speaking, this differentiates Etsy from its rivals. Its brand name has become synonymous with unique products, and that recognition has made it the 8th-most-popular e-commerce platform in the world, outranking the likes of Pinduoduo and Target.
To reinforce that advantage, management has focused on improving search and discovery, making it easier for buyers to find the products they're looking for on the platform. For instance, Etsy recently deployed new artificial intelligence models to better personalize landing pages and make recommendations more relevant for each buyer. These efforts have already boosted conversion rates and repeat purchases, and they caused an uptick in seller ad spending on the platform.
In turn, Etsy's financial performance has been impressive over the last three years.
Looking ahead, management puts its market opportunity at $437 billion by 2023. To put that in perspective, Etsy's gross merchandise sales totaled $12.4 billion over the last 12 months, representing less than 3% of the company's addressable market.
To capitalize on that opportunity, Etsy recently acquired Brazilian marketplace Elo7, expanding its presence in Latin America, the fastest-growing region of the world in terms of e-commerce sales. And shortly after, Etsy also acquired Depop, a fashion resale marketplace popular with Gen Z consumers; this moves expands Etsy's presence in the apparel sector, the fastest-growing vertical in the e-commerce industry.
More broadly, management remains focused on improving search and discovery, and cultivating trust among buyers through transparent delivery times and improved customer support. Collectively, these growth initiatives should help Etsy take market share in the years ahead. That's why this stock looks like a no-brainer.
According to my chart Etsy is still looking very strong.
We had a clean break above resistance with a pullback to see if previous resistance would act as support w/ a close on a bullish hammer on the daily chart.
If this chart is correct, we should see all time high come into play.
MACD curling
RSI flat
Watchlist this.
ESTY - pullback tradeEtsy, Inc. is an online marketplace for buyers and sellers, and operates in the United States, Canada, the United Kingdom, France, Germany and Australia. It mainly focuses on handmade or vintage items and craft supplies that include unique jewelry, on-trend clothing, bags, toys, art, home decor and furniture. In addition, the company offers several services to sellers including payment processing, advertising platform and shipping services.
ETSY is a strong buy within the analysts circles, with an average buy target of USD 224.
Stock has been popular within the Blogging community, Hedge fund activity has also seen a bullish signal with about 341.5K shares added last quarter.
From a technical perspective, price is sitting right below the 20 Day Moving Average, but above the 20 Week moving Average. Both should add some indecision in some of the traders minds. However, RSI is bullish on multi time frames.
Out of the 147 stocks in the Retailing space, 42% are above the 5Day MA and 24% are above the 20 Day MA. The sector needs to show more action to bring the bulls interest back in here...I
If ETSY closes above the 20 Day MA, we could look for a swing trade.
ETSY Seasonal PlayETSY Historically has a strong Q4 performance
Buying with the expectation of sideways action until Mid October
$ETSYEtsy’s shares rose last Thursday as the online arts-and-crafts retailer joined fellow Internet retailers in a continuing roller-coaster ride.
Etsy recently traded at $213.12, up 5.4%, and has climbed about 9% in the past six months with plenty of ups and downs.
Earlier this month, they reported better-than-expected second-quarter earnings, but provided a third-quarter revenue forecast that fell short of analysts estimates.
Etsy posted profit and revenue that handily beat Wall Street estimates, but said it now expects revenue of between $500 million and $525 million for the current quarter, below current consensus forecasts of $527.5 million.
When we look at the technicals analysis ETSY is starting to look very bullish, in my opinion.
We broke out clean of the symmetrical triangle to the upside.
We have the MACD above 4.90
We saw the 50MA cross the 200MA
& we also have the RSI above 50.
I can easily see this running up to all time highs again. I’m bullish.
Keep this on your watchlist.
- Factor Four
etsy longExpecting price to get to $215; analysts have the same target as well. Price could be in an accumulation phase.
ETSY Bullish DailyNASDAQ:ETSY daily looks bullish as it break the top trendline with MACD confirmation. Price is sitting right on top of the 20 and 50 EMAs which are both turning up together.
