Etsy, Inc.
Short
Updated

Very bearsish

117
I opened a short position on Friday 19. The HS is pretty obvious. Earnings call pushed the price to the resistance at 52.5 but the sellers stopped it. My SL triggers is a weekly candle closes above the resistance breaking it through as shown on the chart.
Note
Nice reversal. It might test one more time the resistance at 55 and then drops:
snapshot
Trade closed manually
This stock wants to come back. I closed it. No profit or loses. Waste of time.

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.