ETSY trade ideas
$ETSYEntry price : 199.20
Fundamentals :
- Sector: Internet Retail
- EPS % Chg (Last Qtr): 527%
- EPS % Chg (Previous Qtr): 441%
- 3 Year EPS Growth Rate: 71%
- EPS Est % Chg (Current Yr): 179%
- Sales % Chg (Last Qtr): 128%
- Sales % Chg (Previous Qtr): 137%
- 3-Year Sales Growth Rate: 44%
- Annual Pre -Tax Margin: 9.9%
Trading The Behaviour with Stocks - ETSY perfect exampleIn this quick video recap we discuss using our ElliottWave Indicator suite when trading the behaviour of stocks after profit taking pullbacks. As they say, when its trending - its trending. You just need a set of tools to measure the behaviour in a simple and consistent way. ETSY is behaving very well this last 12 months and is a great example of trading the 5th wave move of an elliottwave sequence.
ETSY could provide an upside swing from a potential bull flagETSY seems to be forming a bullish flag on the 4H time horizon. The company saw a huge run toward the end of 2020, and has recently sold off amongst the broader market. Now that we are in another bullish tape, ETSY looks ripe for a rebound and a test of former highs. Fundamentally, the ecommerce business should continue to see buying in the current growth + inflationary environment.
etsy hi there.
1st phase : I see this stocks are running some bear motive is active, that's why i see there is 2 phase is on my mind and eyes. causes market is reactive not predictive. at this moment if market close bellow 210 then first drop area is 198.50 but if cross this level 198.50 then market go down 166.02.
2nd phase : if market close above 198.50 and give us a bullish motive then we can easily achieve 250 range.
lest see what happen in market. you can see my previous analysis . see u later and stay with me for future analysis and reference.
link bellow
