Best and Worst case scenarios for ETSY stock is shown on the chart in order to get general insight about the position of ETSY inside larger wave cycle as promised in related idea.
All the detail about current position of stock and LONG and SHORT opportunities are explained in related published idea so, I refer those who want to make profits to that...
This is almost too perfect. Weekly everything lining up. WATCH THE SPEED FAN BOUNCE AT BOTTOM.
This Speed fan bounce and trend line bounce is going to be EPIC. This is a $200-$210 PT. Then bounce down on speed fan down to 190s 180s again then it should break 220+. How you want to play that is up to you I am aiming for 200-210 the second it gets 185-180....
Let us take a look at recent NASDAQ:ETSY price development.
Huge leap from 234-239 zone to new highs at 283 .
Hard reject to 240 zone.
Climb back to 270 .
Taking a look at last 3 weeks volume profile, it is not uniformly distributed.
POC is at 239 .
Decent size volume occured in 270-275 zone, BUT mainly on the ask side.
ETSY will see higher prices ! how far it goes higher? Lets follow !
ETSY has started a new up going wave cycle at 153.8 low which may be wave 5 of a larger degree wave cycle or in best case scenario be the wave 3 of 3 of that cycle ! I promise you that if best case scenario in larger degree happens few people can imagine unbelievable targets ETSY will meet!
Etsy is an e-commerce marketplace for handcrafted and vintage goods.
It connects buyers with millions of creative sellers, helping them find the types of specialized or even personalized items that can't be mass-produced by big-box retailers. Moreover, Etsy has something for everyone, as its diverse inventory ranges from home furnishings and décor to apparel and...
Etsy, Inc. is an online marketplace for buyers and sellers, and operates in the United States, Canada, the United Kingdom, France, Germany and Australia. It mainly focuses on handmade or vintage items and craft supplies that include unique jewelry, on-trend clothing, bags, toys, art, home decor and furniture. In addition, the company offers several services to...
Etsy’s shares rose last Thursday as the online arts-and-crafts retailer joined fellow Internet retailers in a continuing roller-coaster ride.
Etsy recently traded at $213.12, up 5.4%, and has climbed about 9% in the past six months with plenty of ups and downs.
Earlier this month, they reported better-than-expected second-quarter earnings, but provided a...
Looks like a good value zone for ETSY following earnings.
Still some room to the downside should it go that way but equally good investment imo.
Looking to DCA in after selling out of ETSY at it's July highs.
** NOT TRADING ADVICE **
Below I've posted a compiled spreadsheet (Google Drive spreadsheet), outlining a large portion of upcoming earning releases for the week of August 2 through August 6, 2021. Options market overestimation percentages, predicted/actual earnings release moves, and average implied volatility (IV) numbers have all been sourced from Market Chameleon (...
Etsy.... strong surge off support line from 160-170 ranges with a strong 30+ point breakout from June lows. Retraced perfectly to .618 (180) and bounce on the retest of downtrend break. 200 -> 208 -> 220 -> new highs.... If u missed the reversal on first post here it is again.
W appears to be at low risk areas for a possible long as it finds itself at the lower range of a bullish ascending triangle pattern.
We of course want to play the breakout of this but in the meantime if the green trendline continues to hold, longs in this area could make for a good trade before the top of the triangle gets tested.
So far it is still holding.
I think we see a big bounce here on Kirklands. Long term up trend support + horizontal support and brokend downtrend with just one more to go. Even a short term option play should pan out to $26 range. Looking for 30+ just have to see. Market as always needs to be on the same side.