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WinnerTrader99

$ETSY Bearish close but good entry for swing or strangle @116.5

Long
Etsy, Inc. (NASDAQ:ETSY)  
WinnerTrader99 Updated   
NASDAQ:ETSY   Etsy, Inc.
Trend Analysis Chart Patterns Technical Indicators growth-stocks
2
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trendanalysis chartpattern indicator growth-stocks
Bearish daily close and sell RSI signal suggested further down move , however its good area for bounce targeting 120-136 . the idea is strangle here between 110-120 or 105-125 shall be profitable as expecting big move. logical scenario is going down up to earning then jump if results will be nice surprise otherwise the down trend will continue for further lower low.
Comment:
30 min view
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Comment:
Weekly view.. interesting! 200 or 55?
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Comment:
perfect entry . dropped to 105.8
1st target reached .. may we see bounce then continue to the next target at 88-94
Comment:
With today action the range become between 126-88 . idea is to wait for 2nd entry after small candle tomorrow or after.
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2ND TARGET 100$
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Trade closed: target reached:

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