ETSY made a really strong movement over the holiday season, and is currently at the upper channel resistance that I marked in an earlier post. The e-commerce sector has been booming over the holiday season, and I'm seeing some hints of a retracement that could begin as the holiday season concludes. ETSY is up 11% this week, and 50% from mid-November. Will be...
$ESTY video breakdown and analysis
ESTY still in bullish but close to a possible resistance, we'll see if its going to break its previous highs
Looking at the Day Chart you can see that its pretty clear that BIGC might retouch the $70 level Once it does that i do think that well bounce off that AS LONG AS THE MACD TURNS DIRECTION You can also see that the last time we had the Mom indicator at these levels it was the start of the bull reversal that took us straight to $108 The Accelerator Oscillator...
Not a Recommendation or Advice.
1. ETSY surpassed the strong resistance line (141.41) with the expectation for earning call, which will lead the continuation of up-trend. 2. Target Price is 170 by Christmas.
Another ecommerce earnings play with huge potential. Looking at debit spreads as we get to earnings.
This is a great opportunity. $ETSY looked like a buy this morning and it raged! I was so happy. My account so happy. But when I zoomed out I noticed something troubling... We just completed a bull cycle and now commenced a bear cycle. I happened to time corrective minuette wave b at the perfect time. The good news is that I now know to sell, by puts targeting $80...
ETSY IS UP PREMARKET ON S&P 500 INCLUSION. I WOULD GO LONG OVER 115.
$ETSY Gave us two nice Breakout Trade Set ups last two callouts with great gains. Like this potential set up as price traded off the 89 EMA with momentum on friday as well as out of a zone. $ETSY also got added to the S&P 500 Friday.
A great news for ETSY gets into S&P500. What's next guys? This news may bring a large options, buyers ETSY. Alright, there are FA. So, how about TA? I tried looking through D1 and realized there is 1 clear pin bar candle. It rejected a price cut across the Demand Zone. Combined with RSI on H4 indicates a reversal signal. I think this is a good time to enter a Long...
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
The are multiple technicals showing support at the current level. 1. 50sma hasn't been broken since early april. (orange trend-line) 2. has seen reversals at the lower end of the trend (blue line) 3. we are above, and holding the previous resistance from early July (red-dotted-horizontal-line) 4. Drawing a Fibonacci retracement from: All-time-high to 100sma, we...