ETSY had a mini correction after earnings recently. It has started to move up on a double pennant.
Quite unusual to see but as I've drawn and labeled. ETSY formed the first pennant on the 6th and the second on the 7th as a result of market dip.
As a result, I'm expecting a bullish move up which actually started at 2 EST and could continue into Monday, 8/10.
Quite unusual to see but as I've drawn and labeled. ETSY formed the first pennant on the 6th and the second on the 7th as a result of market dip.
As a result, I'm expecting a bullish move up which actually started at 2 EST and could continue into Monday, 8/10.
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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.