Etsy, Inc.Long
ETSY Santa Run?
ETSY looks set for a run heading into the holiday season, like it's done the last few years. Here's why I like ETSY long, at least in the short-term heading into the New Year:
- Falling wedge breakout on the daily chart
- Rising volume on breakout moves
- Healthy consolidation above breakout
- Continuation with volume
- Gaps above (magnet)
- Large Volume Shelf at $64 area (magnet)
Let me know what you think! Full disclosure: I am positioned long. Plan to sell around $62-64
- Falling wedge breakout on the daily chart
- Rising volume on breakout moves
- Healthy consolidation above breakout
- Continuation with volume
- Gaps above (magnet)
- Large Volume Shelf at $64 area (magnet)
Let me know what you think! Full disclosure: I am positioned long. Plan to sell around $62-64
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.