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Etsy, Inc. Shs Cert Deposito Arg Repr 0.0625Etsy, Inc. Shs Cert Deposito Arg Repr 0.0625Etsy, Inc. Shs Cert Deposito Arg Repr 0.0625

Etsy, Inc. Shs Cert Deposito Arg Repr 0.0625

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ETSY trade ideas

ETSY - Time to swing upETSY attempted to break below trendline support twice in the last 2 days but each time closing off the lows with long wicks at the bottom. Today it opened right at the trendline and proceeded higher with a bullish divergence between price and RSI. Long as it breaks above yesterday's candle high @ 126 with initial stop just below yesterday's low at 113.4 I'll be moving the stop loss to 119 as soon as we have another bullish daily candle. Looking to take partial profits around 140 and with trailing stops for the rest. Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
NASDAQ:ETSYLong
by Juliac
ETSY is ready to break out of a double bottom baseETSY is ready to break out of a double bottom base with a 147.65 buy point off the middle pivot. The 10d ATR (x2.7) calls for a 15.01% loose stop which would be 122.08 with the current close. That's a really loose stop, so a smaller position size of R6.66 is needed. An alternative stop could be the first bottom of at 132.69 and allow for a larger position. 10d ATR Stop 122.08 Position R6.66 Alternative Buy Point 147.65 Stop 132.69 Position Size R9.87
NASDAQ:ETSYLong
by drewby4321