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maschera

ETSY - 9.95% Potential Profit - Ascending Triangle

Long
Etsy, Inc. (NASDAQ:ETSY)  
maschera Updated   
NASDAQ:ETSY   Etsy, Inc.
Trend Analysis Chart Patterns Technical Indicators swingtrade swingtrading swingtradingsetup tradesetup tradesetups tradeoftheday daytrade daytradesetup ETSY
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trendanalysis chartpattern indicator swingtrade swingtrading swingtradingsetup tradesetup tradesetups tradeoftheday daytrade daytradesetup etsy
Clear uptrend corridor with Support and Resistance confirmed multiple times over the past 4 months.
Ascending Triangle formed.

Short term swing trade that I would close before earnings on 5th August.

- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.

Suggested Entry $117.68
Suggested Stop Loss $114.47
Target price $130
Trade closed: target reached:
10.30% profit.
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