ETSY - 9.95% Potential Profit - Ascending Triangle
Updated
Clear uptrend corridor with Support and Resistance confirmed multiple times over the past 4 months.
Ascending Triangle formed.
Short term swing trade that I would close before earnings on 5th August.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.
Suggested Entry $117.68
Suggested Stop Loss $114.47
Target price $130
Ascending Triangle formed.
Short term swing trade that I would close before earnings on 5th August.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.
Suggested Entry $117.68
Suggested Stop Loss $114.47
Target price $130
Trade closed: target reached
10.30% profit.
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