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IvanLabrie

#ETSY: Big reversal, basing after the previous decline ended

Long
Etsy, Inc. (NASDAQ:ETSY)  
IvanLabrie Updated   
NASDAQ:ETSY   Etsy, Inc.
Trend Analysis Chart Patterns Fundamental Analysis timeatmode rgmov keyhiddenlevels labrietrading ETSY Growth
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trendanalysis chartpattern fundamental timeatmode rgmov keyhiddenlevels labrietrading etsy growth
The weekly Time@Mode trend signal here expired, signaling a potential reversal in the making. Price action was seen basing for weeks on end since the initial rapid decline stopped. Looks like price can stage a comeback and land on $214 or higher, or even new highs in the coming months. I'm long from around here, aiming for the blue arrow target, but potentially riding this one for longer if warranted.

Cheers,

Ivan Labrie.
Comment:
Close to the first target already.
Trade closed: target reached:
Comment:
It will take a while to move higher, so for now I'm out. Nice run, ez money.
Trade active:
snapshot

These are my trades here, we now have a new monthly uptrend signal, so more clarity regarding future potential...it's big.
Comment:
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ivanlabrie.substack.com/
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