ETSY 8% in 5 days. Love to see it but expecting a pullback to $45 supportETSY INC USD0.001 stock forum
ETSY 8% in 5 days. Love to see it but expecting a pullback to $45 supportETSY people on crack this morning. This is liquidity hunting so banks can dump at earnings. Shorts are up 16% from yesterdayETSY Tariff news on China is good for Etsy. Longterm, etsy is destined to fail if they dont change to separate from the other cheap goods
ETSY Breaking out of the descending wedgeETSY With the new Exec in the seat at ETSY, Trump in office, and a major depression in share price stabilizing, i think we will have found our support base. I am bullish long term, but it will be a really volatile ride. This pop to $57 gives me a good short opportunity near term to retest $55 and possible $53 depending on overall market conditions. 2025 i am looking for an upside target price of $63.ETSY this thing is primed to run now. It’s ready for the Trump pump.ETSY The dump on this is going to be significant. Short Positioning is through the roof at like 104% compared to DEC 16 and the squeeze is not squeezing any longer... Expecting $62 to act as major resistance and would look for first level of support at $58, and then $54. Chances of retesting $50 without a major market event are extremely low but the level is still in play for now. A close over $62 would be bullish and would make me reconsider my analysis.
ETSY Sold $56C for earnings release at $50.05 this morning. Unless guidance is horrible, I can’t see this making a major move down from this already low support zone going into gift season but I also don’t see there being enough good news to push it higher. More risk short term to the downside or stagnant than the upside in my current opinion but we might get a nice surprise. Hard to resist selling calls at 127% IV 🤷🏻♂️ETSY Volume shelf at $54, also lines up with wvap. expecting it to support there, might take a long position based on the daily volume candle for a swing trade
ETSY h4 tradingview.com/x/iX5pDkQ5/ eyes on 69.20 for break and bottom signal, or doom if 64.89 fails