ETSY looks set for a run heading into the holiday season, like it's done the last few years. Here's why I like ETSY long, at least in the short-term heading into the New Year: - Falling wedge breakout on the daily chart - Rising volume on breakout moves - Healthy consolidation above breakout - Continuation with volume - Gaps above (magnet) - Large Volume Shelf...
$NFLX If we hold 315, I like calls PT 1: 331 PT 2: 352 PT 3: 369 If we lose 315, I like puts PT 1: 298 PT 2: 282
“Go Long” Looking ahead to Thursday, I see SPY bouncing off a VP shelf, which represents prior resistance turned support. A strong close into this support zone (398.40-401.16) to end the day today has me thinking long into tomorrow if price holds up in pre-market. An hourly close under 398 invalidates idea. AMEX:SPY