MOMO to $116?$ETSY really setting up here and can fly. I think $SPY can hit 410 before cooling and in that move $ESTY can move a bit harder and hit a nice price. Good luckLongby nah0Published 1
Who doesnt want to see a higher high?Looking to take up a swing position into ETSY. I dont know that this price target will be fully met. it is a fib retracement level that was left hanging, and it appears a leg up could be in order. Assuming we dont lose support as it sits at a key level and also at near the 200EMA.Longby thighdeologistPublished 111
ETSY LongI would wait for FOMC before any long trades but here is a stock to watch for swing long vs last week's low.Longby GreenTrades_Published 1
ETSY - 3 DazeThis market can be dizzy and confusing, but candles can light the way. ETSY has been on a rollercoaster of a ride as of late, but over the past few days, it has begun to change its normal mode of transportation. I'm not suggesting it will board a rocket ship any time soon, maybe never, but it does seem to have gathered up enough scratch over the past few months to ride in style for a lil while. The road map is there, and this crafty thing likes a good stencil. 3 day candle closes tomorrow, and if it remains as is (bullish engulfing) or stronger, then the beginnings of a cruise to 180 town can become the primary plan; lose this bullish engulfing look by tomorrow's close and vacation time could be canceled. GLTA!Longby kstrizzle001Published 0
ETSY - Last ExitSometimes we get distracted by shiny objects along the way; ETSY has definitely been privy to recently falling astray. If it is to find some legs to get long, then something like this might help guide a careful observer along. GLTA!Longby kstrizzle001Published 222
ETSY - Fun with ART and LINESLikely ETSY is working on a B wave up into the natural area of a B wave (50% retracement of the move down). If so, then the 5 waves down should be accompanied by another 5 waves down (yellow line). The magnitude will likely not be the same as this A wave down (labeled (1-5)), but I expect the duration to be similar. Invalidation would take a lot, but most logical would be a move below the white B. GLTA!Longby kstrizzle001Published 3
What if Citron is right?Current market cap = 14.889b FY 22 sales = $2.57b Price to Sales ratio = 5.80 Etsy has been accused by citron research of selling counterfeit products look at the below tweet for their reasoning twitter.com Now here are the 3 big questions to be answered 1. Will ETSY face legal problems in removing all counterfeit products? 2. What % of their 2.57b revenue comes from that products? 3. How much will they have to cut on their ads spend once they deal with this potential problem? how will that affect their sales numbers in the future? I don't think Mr market likes companies in that kind of legal trouble! $12 market price = $1.48b market cap ;) P/S = 0.5-1 ??? My gain is your loss ;) it's a zero-sum game after all. Do your own research! Look first / Then Leap Shortby PhiloslotherPublished 112
ETSY Options Ahead of Earnings If you haven`t sold ETSY after the disappointing forecast and bought the price target: Then you should know that looking at the ETSY options chain ahead of earnings , I would buy the $128 strike price Puts with 2023-2-24 expiration date for about $6.90 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it. Shortby TopgOptionsUpdated 2
Ascending Triangle formation in ETSY Hi Traders & Investors, I am excited to share my next script. Its Etsy! The script has formed a nice ascending triangle after a decent correction. Ascending triangle formation is a nice base formation pattern which can give good entry points and the risk rewards are favourable. This pattern has a high success rate and can be considered before the breakout or during the breakout as well. Based on my analysis on this the entry can be taken in range of 135-145. Stop loss below 129 daily closing basis for short swing and 110 in weekly closing basis. Target in ascending triangle is the height of the triangle. Looking at red line this comes at 300+ levels. This setup can be placed by positional as well as medium term 6-8 months.Longby Kunal_TAPublished 331
Value concept: how to visualize on any timeframe or instrumentThis idea and trading concept is based on the Bollinger bands and keltner channel The areas this tool easily identifies with visual points of interest, allows you to see where there is market agreement on price and give solid support points when price returns to these areas. I have put together a mashup of indicators to easily recognize these area and build your strategy against. This video supports this concept. www.youtube.com by T3chn0joePublished 2
IM RUNNING WITH THE BULLS ON THIS ONE ETSY for the win it just put in a golden cross the last time this happened was Apr 2020 it went on a $152 run before it ran out of gas but that was in a bull market now that the bears are here lets how it will perform looking at 7 point move to the upside before hit resistance over $142.76 im looking for a 15-25 point move !!!!!!Longby ThanksNeoPublished 443
ETSY- Flag formationETSY has been trading above it's 200 day MA since 10 Nov22 and a Golden Cross since 30 Nov22. The trend is still up despite the steep pullbacks that this stock is prone to. At the moment we are seeing yet another "flag" formation, the next buy will be triggered should it start to break above this flag (124-127 depending on when the breakup occur, if it happens). So let's see! Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!Longby JuliacUpdated 2
QuickTrade Idea n. 248 : ETSYI am Bullish above $121.75 with target at $124.49 I am Bearish below $118.42 with target at $115.3by TizyChartsPublished 0
QuickTrade Recap on ETSYPlease check the video to see how my level was broken and the given target was hit.Long00:27by TizyChartsPublished 0
ETSY ready to take off!Price bounced off the long term support with a lot of volume. In the daily just broke a bullish flag. Very likely to retest the ~154 resistance. Put a wide stop loss around the ~80 zone. Hold it for a couple of months.Longby ArturoLUpdated 11114
QuickTrade 191 on $ETSY : RecapThe price just hit the trigger level and moved higher to the given target and more. Max drawdown to have was 1.5%, EMA 21h worked out as supportLong00:36by TizyChartsPublished 111
QuickTrade 191 : ETSYIn case of break... Long, looking for a bullish test of the 21h on the 50h Short, looking for a bearish cross of the 21h on the 50hby TizyChartsPublished 221
ETSY LONGThis channel is still holding up even with this last move down all the way into the $60's. ETSY's next Wave up is going to be strong and not looking to stop. I see this one going to the 1.618 level before pulling back for another entry. I am still keeping an eye out for the fib level 1 which could be the C-wave. Longby UnknownUnicorn910751Published 1
$ETSY: Monster base!I like the setup in $ETSY here, suggesting a massive bottoming pattern is active. The signal suggests a rally towards $150 to $224 by the week starting on Jan 23rd 2023 or sooner will take place as long as the stock holds up and moves steadily higher instead of going back below $101.12, nullifying the breakout from 'fair value'. Valuation is substantially lower now, with PSR reaching levels not seen since 2020 lows, and although loss making in the last quarter, ESP TTM shows the company is profitable. Revenue growth slowed down since 2019 but the trend for revenue is clearly up. Free cash flow yield of 4.5% vs market cap is not bad for such an emerging growth name. Definitely interesting here! Best of luck, Ivan Labrie.Longby IvanLabriePublished 116
Use your LOG chartsHey all, here's how I charted ETSY on the LOG chart; I am of the opinion that these log trendlines are obvious and are what institutions are using to find their entries and exits on this name. Certain names trade very cleanly on the LOG chart, especially when you zoom out. Use your LOG charts guys. I insist you practice with previous bull markets on $NDX/$QQQ, and try your luck charting $DOCU, $ZS, and $ARKK all on log scale charts. These all trade very cleanly on log charts, in my opinion, and I am confident institutions are using them to time these names.by MichaelEugen1Published 0
ETSY - Worst is probably behind usETSY is now trading way above it's June's low, which means it has good relative strength compared with the S&P500. Even so, it could still be volatile, having 61.8% since hitting a swing high (B) on 16 Aug. It has been trading in a downward channel (extended "flag") for the past 6 weeks and it looks like an eventual break above this "flag" cold be near . When it does (break up), it will be further validation that this stock is on it's way to recovery. Then again, we just never know if FED will come in again to pull the brakes. Hence , be optimistic but also realistic and have a stop loss in place. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck! Longby JuliacPublished 1
Etsy Drifts as the Market FallsMany tech and e-commerce stocks have made new 52-week lows recently as the market slides. Etsy has been an exception, but will that remain the case? The first pattern on today’s chart is the relatively tight descending channel that’s formed since mid-August. ETSY now finds itself between the 50-day simple moving average (SMA) and 100-day SMA. Its failure to hold the 50-day SMA suggests its intermediate-term uptrend is fading. A break below the 100-day SMA could indicate sellers taking control over the longer-term. Next, Bollinger band width recently contracted to its narrowest reading of the year, but has widened in the last two weeks. That could signal prices are starting to move again. (Notice how band width also anticipated the big slide in January.) Finally, MACD has been working lower for more than a month. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing in cryptocurrencies involves significant risks. Please click here for TradeStation Crypto’s risk disclosures on investing and trading in cryptocurrencies. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStationPublished 16
Bullish Flag on the daily chartThe problem with a bullish pattern in a bearish environment is that even if it is a textbook pattern, it can easily be destroyed. Etsy paints us a textbook "Bull Flag" on the daily chart, but... We have a few problems. Firstly, today's green candle is extremely low volume. Second, there is a strong resistance above (101.92). Third, the RSI is still tanking. On the other hand, MACD is showing a regular divergence, which is bullish. If we can rise above the 101.92 level and hold it, a breakout is possible. Support: 96.78 Resistance: 101.92, 109.73, 118.77by benedekdomotorPublished 111