ETSYLast short was fun, but now that I look on the weekly, I might have just paper handed by shorts.... This shit looks horrific on the weekly brrr, if it is true, the cycle has already been completed and we're bound for a long way down. Freaking hell, I'll look for a good spot to enter again. Shortby hngng_anhsUpdated 112
ETSYshorting it here, think the R:R is great ----------------------------------------------------Shortby hngng_anhsUpdated 4
$ETSY potential bottom reached (3/5)Conviction: 3/5 For: RSI-W reached historical (short-term at least) bounce levels Seem to hold resistance level around 158 Typically EW retracement after 5 waves goes to 4th wave of previous wave, which is around where our support is. Quick ratio is pretty healthy (>2) RSI-M at level of last bounce (40-50)... although not usual low where major trends reverse (30-40) Against: Macro environment is unfriendly Stock is expensive on P/S metric, more prone to selling Still a long ways to fall before any significant support (green line: 2016), current time suggests $70 ish bottom History is short, not much volatility time periods, perhaps only 2018 (raising rates?) Longby asdf0981
$ETSY - Oversold but is the selling done?Shares has been cut almost in half and RSI shows it is oversold. It could see near term technical bounce. The bounce may not get pass $179. $160 level is critical support and if that fails, the price could fall to $106 - $100 area with $127 being intermediate support. There will be a lot of stop loss settings right below $160 area as it's an obvious support level. Why? Because, traders us strong support level as an area where they set stop losses. Bullish target - $179 Bearish Target 1 - $127 Bearish Target 2 - $106 Sitting on side lines. ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows price projection for breakout or breakdown target. Disclaimer: Do your own DD. Not an investment advice. by PaperBozz1
Etsy: Time to Buy? Etsy - Short Term - We look to Buy at 229.00 (stop at 206.00) Previous resistance, now becomes support at 229.00. There is ample scope for a move higher from this important support. Trend line support is located at 220.00. Further upside is expected and we look to set longs in early trade. Buying continued from the 61.8% pullback level of 211.41. This move is expected to continue and we look to set longs at good risk/reward levels. Our profit targets will be 289.00 and 305.00 Resistance: 250.00 / 300.00 / 350.00 Support: 229.00 / 220.00 / 200.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Longby SaxoUpdated 8
ETSYThe most important issue in futures trading is the use of low leverage. Rest assured that you will be safe if you use the lower leversLongby S_AGH1
Watch this for both upside and downside.Puts under 180, Target 170 Calls above 185, Target 200by TradesByAG0
Etsy Long term uptrend break !! Losin 220$ was critical. Could pop back to backtest. If failure to get back above abd hold, look for a kiss of death HUGE short Shortby Erictaylor5
ETSY (Etsy Inc) - Weekly: “BULL TRAP”This stock also has created a “Bull Trap”, which could be a catalyst for a quick collapse in price. Penetration below the low of last week’s inside bar, will very likely open up a major move to the downside.Shortby Dragon_Ball0
ETSY found support after big retrace?ETSY: Bullish: ETSY has been getting wrecked lately, but after retracing ~75% of the move to its ath it’s consolidating at support somewhat and is holding this long term trend line. I need to see it hold $222.99 from there I’ll be watching for it to make its move to $230 and just follow the levels up. Weekly target is $251. Bearish: if it can’t hold $222.99 I think it sees $215 could find support around ~$221 it was resistance before the run up really.Longby jmorg330
ETSY chart analysis - double topEtsy lost its intraday high on Friday and closed near lows. But it’s still above all the moving average. 5 day, 20 and 50. It has strong high uptrend with strong RSI at 64. BUY THE DIP and let it try to break All time high again. Most likely it won’t break ATH and create a double top situation and will fall after that. Follow for more trade ideas. 15K Twitter followers Longby Art_of_Investing224
ETSY - upgradeETSY has been a monster since the famous COVID DIP i like to call it as you can see from the chart it has respected this channel very well with some false breaks to the stop side of the channel but with the most recent upgrade it will be interesting to see if it chooses to find a new trend or if it will just keep the good times rolling in the current channel either way ETSY is a buy and hold or LONG CALL OPTION go to for some awesome profits Longby Stock_Hustle212
ETSY pump on Q3 earnings. My analysis with boxes.Hi everyone, Let us take a look at recent NASDAQ:ETSY price development. Huge leap from 234-239 zone to new highs at 283 . Hard reject to 240 zone. Climb back to 270 . Taking a look at last 3 weeks volume profile, it is not uniformly distributed. POC is at 239 . Decent size volume occured in 270-275 zone, BUT mainly on the ask side. What usually happens next in this situation : Stock price either slices through the ceiling and squeezes to the absurd highs (like Tesla and Cloudflare) OR It diddles in the thin zone of the profile, repairing the structure, before the next big move. Here it's 253-272 zone. Please like if this helped and comment your ideas. Trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial adviseby AyBe_Invest0
Would be a buy above $256 for meWaiting for it to start trading above $256 to enter on the long side.Longby rbswingtrader4
ETSY, Short, Mid and even long term BUY chance!ETSY will see higher prices ! how far it goes higher? Lets follow ! ETSY has started a new up going wave cycle at 153.8 low which may be wave 5 of a larger degree wave cycle or in best case scenario be the wave 3 of 3 of that cycle ! I promise you that if best case scenario in larger degree happens few people can imagine unbelievable targets ETSY will meet! Lets skip that optimistic scenario for now and just suppose that ETSY is going to complete the current wave cycle disregarding its position in larger degree cycle. As shown on the chart ETSY is reaching to strong support around 230 USD to complete labeled wave iv. This support is formed by confluence of strong static support with 5 times reaction and cluster of typical Fibonacci levels. Small up going wave may start form the support and push the price up to 263-272 target zone to complete the labeled wave v and a larger degree wave labeled as (iii). After that wave (iv) correction push down price back to around 230 USD again and new larger wave (v) move up will start to complete larger degree wave 3 up to 290. Another correction and move up will push the price finally to above 300 USD. Many long and short chances for short term traders. All above details are briefly shown on the chart. It is worth to note that what described above for the new cycle is just the worst case scenario for that mentioned cycle ! So, What I am suggesting here is just worst case scenario inside another worst case scenario. Who can imagine best case in best case scenario ?? Best case scenario in current wave cycle is the up coming move up from 230 to 263-272 zone is going to complete just wave 1 of an smaller degree wave cycle. All in All, ETSY is very low risk for buy entry regardless of what I am suggesting about wave cycles. I just tried to offer a general view of the stock. I may publish the best case and worst case scenarios in larger degree waves to make it even more clear for all of you my friends. I have to emphasize although I am confident about this analysis , always there is the chance of mistake therefore as always we have to trade objectively. Good luck every one! Longby SaeedSajediUpdated 4412
ETSY 1D wolfe wave bearish 11/3A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.Shortby defiantroa0
Could be a great trade next weekI would like it to correct to $228 and that would be a good dip buy. Correction doesn't look complete yet and we should get another leg down. Might get a good entry early next week. Longby rbswingtrader3
Cup and Handle Earnings 11-3Earnings after market close 11-3. Short percent a bit over 8%. Price was outside of top band but now falling back inside. Price may pull closer to the 50 SMA before earnings but no way to know for sue I suppose. Support at Mid cup (MC) and HL (Handle low). Pocket pivot beneath HL. Cup depth is 98.06. Targets are calculated using cup depth and fib levels, then added to long entry level. Throwback noted. A healthy cup has the handle low above mid cup. No recommendation. Pattern valid at long entry level or above. Any pattern can fail.by lauralea4
One more to keep a watch onAnother breakout scenario. Earnings coming up next week. by rbswingtrader0
Etsy Elliot wave 5Looks like Etsy could be in the middle of a Elliot number 5 impulsive wave. If this is true, a possible price target might be 0.618 Fibonacci which is ~288$ or ~+14% Stop loss: 225,25$ or -10% ==> risk/reward ratio of 1.4:1 is not very tempting - so I don't recommend to enter the trade now. If you're long already you might want to hold for more profit. This is not financial advice.Longby jochenwtr0