Etsy, Inc.
Updated

ETSY eyes on $44.07: Golden fib could End Bounce or mark BOTTOM

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ETSY struggling against a Golden Covid fib at $44.07
Below is an even stronger Golden Genesis fib at $42.41
Those fibs define the current range that we look to break.

Trade active
Finally, a POP
snapshot
(yellow shaded area is from posing time on)

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Zoom in (m5) for a closer look at the break
snapshot
We got several Ping's (exact hits) on our Fib.
"PIng" as in "give me a Ping Vasilly, One Ping Only"

And my rule about Pings:
"Not all pings start a Reversal, but
Most reversals start with a Ping"

Thus we pay attention to every ping.

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What next?
snapshot
Bulls MUST tap next fib above at $47.72.
That is a Genesis fib (stronger than our bouncer).
If bulls can break that, we may have a "bottom"

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