Etsy reversal to continue $etsy As earnings approach the stock has rallied as optimism gathers for a good festive season for etsy. Looking for a long at approx $54.00 Upside target $59.00 Dropping 200 day moving average possible resistance. Longby RedHotStocks19
ETSY breakout?If ETSY has in fact broken out of what I suspect to be a cup and handle formation, then I would say 63.92 is in the cards for it's stock price. It recently closed it's most recent gap and we are heading towards earnings come the 26th of Feb 2020. I will be keeping an eye on this. I am a little concerned about the bearish crosses of the EMA's, but it looks likely to cross back over towards the upside shortly. I am anticipating upward momentum, as they have beat earnings expectations multiple times in the past.Longby RawZMoeTow7
ETSY Short ETSY at beginning of downtrend. Distribution up top and currently pushing up against channel, looking to make a large move down. There is a good size unfilled gap from previous bull channel. Targeting bottom of gap with weak resistance to this point. Peace out playas. Shortby UnknownUnicorn17701114
ETSY - Current Long position, and Potential Gap TradeThe stock ETSY has hit the 50% Fibonacci resistance line and bounced off of it. The Fib line represents a trend that had been in place from February 2017, around $9 price, until the high of $73 in February 2019. This resistance line is very strong, and can represent reversals along with other indicators. Currently we see on the 1D, 4H, and 1H charts, that the 5d MA has crossed over the 8d MA, potentially signalling bullish movement. I have opened a trade at $43.80, with a short to previous resistance of upward movement (about $42.80). I have a 50% sell at $46, and the other 50% will be aiming for the Gap Trade that could be in play. The downward movement on October 31 represented a $8 drop in price, which often eventually finds it's way back to the starting price, before resuming previous trend. IF the $46 trade hits it's mark, I will set the Sell at $52, and will be moving up my stop loss to $43.80. Depending on how the MA plays out, I will keep this trade open to continue trade #2. Longby ShwayzeUpdated 8
Etsy Gap fill tradeEntry level $49.50 = Target price $51.80 = Stop loss $48.48 Short interest = 12.57% P/e ratio 59 Average Recommendation: Overweight Average Target Price:$64.75 15 BUY 00 OVERWEIGHT 01 HOLD 01 SELL Company profile Etsy, Inc. engages in the management of an online marketplace. It operates a technology platform which allows sellers to manage and scale their business. The company offers handmade products such as shoes, clothing, bags, and accessories. It operates through the United States and International geographical segments. The company was founded by Haim Schoppik, Robert Kalin, Jared Tarbell, and Christopher Maguires in June 2005 and is headquartered in Brooklyn, NY. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, IT IS REALLY APPRECIATED Longby Bullishcharts51
Looks like 50 is possible short termpushing off ma's with a nice base formedLongby KasukuInvestments1
ETSY - LONG SETUPSHOWING EXHAUSTION ON RSI. GAP FILL AROUND 52 ish. DOUBLE BOTTOM ON HISTORICAL SUPPORT LEVELS ? PRETTY LOW RISK ENTRY HERE.Longby kaptkoreatrading4
$ETSY long vs 38. After a significant pullback I like this name as a potential long candidate for 2020. Longby scottbutters_6
$ETSY Bullish pattern completed expected bounce to 52.8 So this is bullish pattern suggest new uptrend start from current levels and targeting 1.62 fib on long -time frame which around 73 ..... but now lets see more confirmation and get in targeting 50s - 52.8 with projected profit around 15-20$ from levels of 41-42 .. at least to close last earning gap .. all indicators are oversold and ready to move up .. also stoploss is near by at 39.8 .. actually, I was tracking ETSY after earning report and that sharp drop then i draw this pattern and forgot it now i checked it was running perfectly .. good luckLongby WinnerTrader99Updated 225
ETSY back on the shopping list. Ok after the a earnings call from hell the stock tumbled but looks to have found some solid ground. Entering into the holiday season we believe this selloff presents a nice long opportunity. possible entry level $47.00 or $43.75 possible targets $52.00 or $46.00 Stop loss $45.77 or $42.83Longby Bullishcharts1132
$ETSY Bullish Pattern best entry at 39.33 with goal at 50Strong selling after earning . going down to main support level at 39.33 if reached there On month of Nov then this Bullish pattern will be formed exactly .. and expected good bounce to at least close earning gap near 50.7 .. also possible bounce to 47.4 then continue drop to reach 39.3 or 40 .. to be watched and get right moment to jump in ..Most indicators already corrected and inside buy levels..by WinnerTrader99Updated 8
$ETSY Wait for signs of reversal. Selling may be overdone.May be a prime candidate for a good reversal trade in the coming weeks. Will be looking for a bounce from the bottom of a long established channel or the weekly support levels. $42 looks like a very strong support level to watch for, while $52 is a conservative upside target. Earnings highlights Etsy (ETSY - Get Report) shares were tumbling 17.4% to $43.60 Thursday after the online marketplace for apparel and accessories trimmed its 2019 guidance, but several analysts see longer-term potential in the company. The Brooklyn, N.Y., company earned $14.8 million, or 12 cents a share, down from $20 million, or 15 cents, in the year-earlier quarter. The latest result matched Wall Street's forecast. Revenue totaled $198 million, up from $150 million a year ago and beating analysts' projections for $193 million. Etsy said it expected revenue between $809 million and $815 million for 2019, compared with an earlier forecast of $797 million to $809 million. Etsy sharpened its 2019 guidance for earnings before interest, taxes, depreciation and amortization to between $179 million and $187 million, down from $177 million to $193 million. Darren Aftahi, an analyst with Roth Capital Partners, said that while the core outlook has moderated, many growth stages remain in their early stages, leaving room "for better optimization." This "could help offset some of the current headwinds." Aftahi, who has a buy rating on the stock, cut his price target to $59 a share from $76. Noting the mixed results, Laura Champine of Loop Capital Markets said "we had expected a quicker lift in Etsy Ads allocations from sellers than the company is seeing." Champine lowered her price target to $70 from $80 but affirmed her buy rating and urged investors to buy on weakness "given Etsy's long-term growth prospects." Edward Yruma, analyst with KeyBanc Capital Markets, who rates the stock overweight, cut his price target to $78 from $90, noting that the "complexity of the story" this quarter is "contributing to a re-rating of the multiple." Source The street.comLongby RedHotStocks16
Rough go Earnings miss.. We should touch near this gap in June of 2018. Do we fill the gap? I believe no. Longby McllroyCharleeUpdated 4
$ETSY attracts bullish analyst upgradeNomura Instinet analyst Mark Kelley initiated coverage on Etsy's stock with a Buy rating and a $70 price target. Kelley said Etsy has demonstrated consistent management execution since 2017, and has reaccelerated the business through enhanced pricing mechanisms while educating and arming sellers with the right tools to succeed. “Etsy has proved that the large conglomerate platforms don’t always win, especially when the category is anything but a commodity,” he wrote in a note. The analyst said some of Etsy’s newly added programs, although very early, are likely to benefit sellers and allow the company to improve its margin profile as GMS growth continues. “We’re also positive on Reverb, which isn’t baked in Street models and we believe this new category will likely prove that other verticals can be successful on the Etsy platform,” said Kelley. The analyst is also positive on the newly added free shipping initiative on items over $35, as well as the Etsy Ads product: “While we have yet to see the impact on these initiatives, we believe they’re good for sellers, buyers, and the platform as a whole.” Source Benzinga P/e ratio 66.86 | very high but acceptable for a growth company Short interest 12.16% Company profile Etsy, Inc. engages in the management of an online marketplace. It operates a technology platform which allows sellers to manage and scale their business. The company offers handmade products such as shoes, clothing, bags, and accessories. It operates through the United States and International geographical segments. The company was founded by Haim Schoppik, Robert Kalin, Jared Tarbell, and Christopher Maguires in June 2005 and is headquartered in Brooklyn, NY.Longby Bullishcharts1120
Analysts Bullish on ETSYSeveral upgrades in September to outperform have turned the fortunes of ETSY investors, after suffering quite a harsh sell off post earnings. Etsy has created a niche in the online market which it will strive to dominate and we believe that their strategy is one that will prosper. BULLISH UPGRADE RBC upgrades Etsy to Outperform with $68 target amid free shipping push RBC Capital analyst Shweta Khajuria upgraded Etsy to Outperform from Sector Perform with a price target of $68, up from $63. The stock closed Thursday down 38c to $59.07. The analyst, who admits there's some risk to estimates in the second half of 2019, views the stock's risk/reward as attractive. Etsy's push to encourage more sellers to offer free shipping, its advertising, and recent acquisition of Reverb can boost both revenue and gross merchandise sales above consensus estimates in fiscal 2020 and 2021, Khajuria tells investors in a research note. She sees these efforts having a "mid-to-long-term positive impact" on Etsy's business. Read more at: thefly.comLongby RedHotStocks1119
Etsy 1D Chart AnalysisOn 1D chart my possible pattern show that we are on top level of resistance now if its going to rise more than i am wrong. All indicators are on top (Undersold) that means we are close to resistance. Volume is green and higher than previous day, volume is rising, it's green/bullish. we broke true 50MA resistance but will see tomorrows candle if we will have conformation candle or may be bear reversal candle or bear reversal pattern. On 1H chart we are on uptrend holding bolinger bands top channel very good, bullish. Volume green and rising . Indicators (RSI, Stochastic, %R, MacD) are up in the sky, undersold looks like we are close to resistance level also but i don't see any change of trend yet that's why i am neutral as soon as i will see change of trend i will publish new chart. by BK_Trader4Ever3
ETSY failed breakout? ETSY broke out of a 2 standard deviation, 200 period, 4hr, linear regression model today. MACD is divergent. The fundamentals for the stock are still weak; growth is slowing. There has been heavy volume on the $55 9/20 puts. The P/E ratio is 67, which likely is due to expectations of rapid growth. However the company has failed to deliver on growth expectations which is what caused the massive sell off after the most recent earnings report. There is a clear support/resistance line at around $58, which is right around where it closed today. My guess is the stock will sell off to $54 from here. Conversely if ETSY breaks out above 58, it will likely hit 60 and fill the gap left from the post earnings sell off. ETSY does not seem to correlate strongly to the broader market, so the FED meeting is unlikely to have a major effect. Shortby decentral_visionUpdated 4
Etsy 1DImportant resistance zone pibit point and 50MA will c if will bounce down or break resistance. All indicators undersold shows that we are close to resistance zone. Volume lower on 1H chart we still in up trend on top chenal of bolinger bands by BK_Trader4Ever3
ETSY 1D. Possible Pattern Bearish Golden cross ( Very strong Bearish sign ) We are officially on down trend All indicators looking down but undersold Previous day Volume was red and higher than average vol for 20 days I am Bearish on BTC going down to around $42 Hopefully BTC will bounce up from strong support zone around $42 Will see. I hope i am correct and helped some people. market can't make a mistake but i can. Shortby BK_Trader4Ever2