ETSY - Triangle breakthrough possible!Etsy could see an explosion soon. Possible to see a good $10 change maybe more!Longby waldendavis27113
$ETSY D$ETSY on the daily in this symmetrical triangle getting tighter and tighter. If we break out I think a good run.by rngdtg1
ETSY - STRONG DIAMOND REVERSAL PATTERN FORMING!! UP OR DOWN?Hey, Hi, Ho, whats up, Seems to me like we have a pretty decent diamon pattern playing out here after a more than massive drop to the stock. I have found, and its also pretty well recognized that although rare, diamond patterns are extremely profitable if played correctly. Not only can you flip short exp calls and puts as the up and down waves are pretty predictable - a long call strategy can give you a really great opportunity to accumulate contracts as the price action goes side to side as you wait for the conclusive breakout. According to the chart the breakout projection is approx $200 which as I have charted it is a key level of resistance/support so that makes sense. Basically its a gap fill of sorts because the price fell HARD from 200 on. On the flip side if the pattern fails and its just a continuation of the current down trend the price target is $80-$90 area - here's hoping it doenst go this way. An importnat note for anyone playing options like myself, there is a significant lopsided amount of PUTS being held in open interest from now until Jan 2024 - obviously this can change however I think its pertinent to notate where it stands now. Price action looks to be topping at this part of the diamond and should roll over down to about $125 by the end of March. IMHO either June 17 or 1/20/23 exp calls are going to be the most valuable As of today I like: 6/17/22 ($175's and $240's) 1/20/23 ($230 CALLS) However time will tell and I will revisit near the end of March or when my bottom alert gets triggered, which ever comes first. NOT FINANCIAL ADVICE. Longby arich1282Updated 112
Dont want to be, but have to be...I closed out a long term ETSY short today... when it bounced off 122 which I thought it would and came up to 125 I figured lets jump in for a short term trade to the upside... IF Etsy were to get a little crazy next week and start hitting in the 140s, I would instantly close it out and go short......... I am short term long, long term short biased. I do not think for one second ETSY bottomed. So be careful.. use your stops.by Original_Stock_Whisperer14148
Diamond bottom. All eyes on.Etsy has been a phenomenal stock and its been on a very nice downtrend since its top in November. LTF chart printing a lovely diamond bottom. Wait for breakout upwards or buy on next sign of weakness. RSI coming into bullish territory. AO showing low volatility so a big move is on the way. Resistance @ .382 (162.65) 2YR/10YR spread close to inverting, keep your stops close. by Chopstick_Charlie1
ETSY - long-term buySenior frame - a flat pattern. Now getting a 1-2 local structure as a confirmation. Nice setupLongby UnknownUnicorn33825801
ETSY- $200 by March 18???ETSY setting up for a nice face ripper, but with the premiums on it, you gotta catch the downswing reversals. They could give us another bite at the apple around 134 if we gap down at open tomorrow. Looking forward to watching one of my favorite companies go for it!Long03:44by AlphaTradersInc0
Etsy rounding topTechnically we have a rounding top resting on 126 support. ER is coming up next week so we have two options here. Either we break support now and keep falling with ER or we have a nice relief bounce coming into earnings . Now, estimates show 620ish million in revenue for ETSY . No way. Their rev has been dropping ever since Q4 2020, with analysts estimating lower every quarter. I bet they post 500ish million in revenue and gap down. Again, this is all just guessing, I am using past trends to determine future value. I have no way to know if this is at all correct.Shortby Jlov220
Technical analysis Etsy, Inc. (ETSY)Etsy, Inc. (ETSY) Limit buy: 143,10 Target: 221,00$ Risk/Reward Ratio: 8,56 Stop-loss: 134,00Longby eroogar3
ETSYLast short was fun, but now that I look on the weekly, I might have just paper handed by shorts.... This shit looks horrific on the weekly brrr, if it is true, the cycle has already been completed and we're bound for a long way down. Freaking hell, I'll look for a good spot to enter again. Shortby hngng_anhsUpdated 112
ETSYshorting it here, think the R:R is great ----------------------------------------------------Shortby hngng_anhsUpdated 4
$ETSY potential bottom reached (3/5)Conviction: 3/5 For: RSI-W reached historical (short-term at least) bounce levels Seem to hold resistance level around 158 Typically EW retracement after 5 waves goes to 4th wave of previous wave, which is around where our support is. Quick ratio is pretty healthy (>2) RSI-M at level of last bounce (40-50)... although not usual low where major trends reverse (30-40) Against: Macro environment is unfriendly Stock is expensive on P/S metric, more prone to selling Still a long ways to fall before any significant support (green line: 2016), current time suggests $70 ish bottom History is short, not much volatility time periods, perhaps only 2018 (raising rates?) Longby asdf0981
$ETSY - Oversold but is the selling done?Shares has been cut almost in half and RSI shows it is oversold. It could see near term technical bounce. The bounce may not get pass $179. $160 level is critical support and if that fails, the price could fall to $106 - $100 area with $127 being intermediate support. There will be a lot of stop loss settings right below $160 area as it's an obvious support level. Why? Because, traders us strong support level as an area where they set stop losses. Bullish target - $179 Bearish Target 1 - $127 Bearish Target 2 - $106 Sitting on side lines. ——————————————————— How to read my charts? - Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines. - The yellow horizontal lines shows support and resistance areas. - Fib lines also shows support and resistance areas. - The dotted white lines shows price projection for breakout or breakdown target. Disclaimer: Do your own DD. Not an investment advice. by PaperBozz1
Etsy: Time to Buy? Etsy - Short Term - We look to Buy at 229.00 (stop at 206.00) Previous resistance, now becomes support at 229.00. There is ample scope for a move higher from this important support. Trend line support is located at 220.00. Further upside is expected and we look to set longs in early trade. Buying continued from the 61.8% pullback level of 211.41. This move is expected to continue and we look to set longs at good risk/reward levels. Our profit targets will be 289.00 and 305.00 Resistance: 250.00 / 300.00 / 350.00 Support: 229.00 / 220.00 / 200.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Longby SaxoUpdated 8
ETSYThe most important issue in futures trading is the use of low leverage. Rest assured that you will be safe if you use the lower leversLongby S_AGH1
Watch this for both upside and downside.Puts under 180, Target 170 Calls above 185, Target 200by TradesByAG0
Etsy Long term uptrend break !! Losin 220$ was critical. Could pop back to backtest. If failure to get back above abd hold, look for a kiss of death HUGE short Shortby Erictaylor5
ETSY (Etsy Inc) - Weekly: “BULL TRAP”This stock also has created a “Bull Trap”, which could be a catalyst for a quick collapse in price. Penetration below the low of last week’s inside bar, will very likely open up a major move to the downside.Shortby Dragon_Ball0
ETSY found support after big retrace?ETSY: Bullish: ETSY has been getting wrecked lately, but after retracing ~75% of the move to its ath it’s consolidating at support somewhat and is holding this long term trend line. I need to see it hold $222.99 from there I’ll be watching for it to make its move to $230 and just follow the levels up. Weekly target is $251. Bearish: if it can’t hold $222.99 I think it sees $215 could find support around ~$221 it was resistance before the run up really.Longby jmorg330