Watch $ETSY | Significant Volume Event
Updated
Still rummaging around stock screener and found another one I think I like and I can't believe I'm saying it... etsy.
Had one of the biggest volume weeks on it's record last week and price hardly moved. To me, that's a signal that there's serious support around this level.
Just keeping our eye on it for now. Set a weekly close alert above $62.83.
Had one of the biggest volume weeks on it's record last week and price hardly moved. To me, that's a signal that there's serious support around this level.
Just keeping our eye on it for now. Set a weekly close alert above $62.83.
Note
We're likely gonna long some at the open tomorrow. zoomed in a bit and it appears all of the volume came an hour before close on friday... all longs... Someone knows something with earnings around the corner.
Trade active
we entered at market open.
Note
the 1m chart of the weekly close on 9.20.
Huge flurry of longs all the way through close.
Interpret that however you want.. But imo.. someone knows something.
Trade closed manually
We closed out of this trade yesterday morning. Rolling over. Better RRs out there. Will keep an eye on it in case we reclaim, but doesn't look promising. Moved it to zm.
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