Rough go Earnings miss.. We should touch near this gap in June of 2018. Do we fill the gap? I believe no. Longby McllroyCharleeUpdated 4
$ETSY attracts bullish analyst upgradeNomura Instinet analyst Mark Kelley initiated coverage on Etsy's stock with a Buy rating and a $70 price target. Kelley said Etsy has demonstrated consistent management execution since 2017, and has reaccelerated the business through enhanced pricing mechanisms while educating and arming sellers with the right tools to succeed. “Etsy has proved that the large conglomerate platforms don’t always win, especially when the category is anything but a commodity,” he wrote in a note. The analyst said some of Etsy’s newly added programs, although very early, are likely to benefit sellers and allow the company to improve its margin profile as GMS growth continues. “We’re also positive on Reverb, which isn’t baked in Street models and we believe this new category will likely prove that other verticals can be successful on the Etsy platform,” said Kelley. The analyst is also positive on the newly added free shipping initiative on items over $35, as well as the Etsy Ads product: “While we have yet to see the impact on these initiatives, we believe they’re good for sellers, buyers, and the platform as a whole.” Source Benzinga P/e ratio 66.86 | very high but acceptable for a growth company Short interest 12.16% Company profile Etsy, Inc. engages in the management of an online marketplace. It operates a technology platform which allows sellers to manage and scale their business. The company offers handmade products such as shoes, clothing, bags, and accessories. It operates through the United States and International geographical segments. The company was founded by Haim Schoppik, Robert Kalin, Jared Tarbell, and Christopher Maguires in June 2005 and is headquartered in Brooklyn, NY.Longby Bullishcharts1120
Analysts Bullish on ETSYSeveral upgrades in September to outperform have turned the fortunes of ETSY investors, after suffering quite a harsh sell off post earnings. Etsy has created a niche in the online market which it will strive to dominate and we believe that their strategy is one that will prosper. BULLISH UPGRADE RBC upgrades Etsy to Outperform with $68 target amid free shipping push RBC Capital analyst Shweta Khajuria upgraded Etsy to Outperform from Sector Perform with a price target of $68, up from $63. The stock closed Thursday down 38c to $59.07. The analyst, who admits there's some risk to estimates in the second half of 2019, views the stock's risk/reward as attractive. Etsy's push to encourage more sellers to offer free shipping, its advertising, and recent acquisition of Reverb can boost both revenue and gross merchandise sales above consensus estimates in fiscal 2020 and 2021, Khajuria tells investors in a research note. She sees these efforts having a "mid-to-long-term positive impact" on Etsy's business. Read more at: thefly.comLongby RedHotStocks1119
Etsy 1D Chart AnalysisOn 1D chart my possible pattern show that we are on top level of resistance now if its going to rise more than i am wrong. All indicators are on top (Undersold) that means we are close to resistance. Volume is green and higher than previous day, volume is rising, it's green/bullish. we broke true 50MA resistance but will see tomorrows candle if we will have conformation candle or may be bear reversal candle or bear reversal pattern. On 1H chart we are on uptrend holding bolinger bands top channel very good, bullish. Volume green and rising . Indicators (RSI, Stochastic, %R, MacD) are up in the sky, undersold looks like we are close to resistance level also but i don't see any change of trend yet that's why i am neutral as soon as i will see change of trend i will publish new chart. by BK_Trader4Ever3
ETSY failed breakout? ETSY broke out of a 2 standard deviation, 200 period, 4hr, linear regression model today. MACD is divergent. The fundamentals for the stock are still weak; growth is slowing. There has been heavy volume on the $55 9/20 puts. The P/E ratio is 67, which likely is due to expectations of rapid growth. However the company has failed to deliver on growth expectations which is what caused the massive sell off after the most recent earnings report. There is a clear support/resistance line at around $58, which is right around where it closed today. My guess is the stock will sell off to $54 from here. Conversely if ETSY breaks out above 58, it will likely hit 60 and fill the gap left from the post earnings sell off. ETSY does not seem to correlate strongly to the broader market, so the FED meeting is unlikely to have a major effect. Shortby decentral_visionUpdated 4
Etsy 1DImportant resistance zone pibit point and 50MA will c if will bounce down or break resistance. All indicators undersold shows that we are close to resistance zone. Volume lower on 1H chart we still in up trend on top chenal of bolinger bands by BK_Trader4Ever3
ETSY 1D. Possible Pattern Bearish Golden cross ( Very strong Bearish sign ) We are officially on down trend All indicators looking down but undersold Previous day Volume was red and higher than average vol for 20 days I am Bearish on BTC going down to around $42 Hopefully BTC will bounce up from strong support zone around $42 Will see. I hope i am correct and helped some people. market can't make a mistake but i can. Shortby BK_Trader4Ever2
CGC 1D Possible Bearish PatternLooks like a possible pattern. 1. "Bearish Golden CROSS" - 50 MA Crossed Down 150 MA. Very Bearish sign. We are officially on downtrend 2. We are at strong Fibonacci support level but looks like most likely support will be broken. 3. All indicators Oversold. If support will hold and not be broken than CGC will bounce up and go to target 1 - around $60 or even target 2 - around $70. but Most likely support will not hold and if support will be broken than CGC going down to around $42-$38Shortby BK_Trader4Ever0
k3p_c4v4Posible entrada por k3p_c4v4 si nos indica punto verde k3p_c4v4 Este indicador se basa en 4 indicadores de volumen asicomo 4 cruces de momenum.by Netotrade4
ETSY NEAR TERM 70Expect ETSY to cross over $70 mark within next 15-20 trading days and possibly break out up to $80 but the latter is speculation. Tuesday will be opening 10 June 21 $70 Calls & 5 June 21 $75 Calls. At very least with $70 calls would expect call price to increase by $1.75 within 3 weeks. by grubby1220Updated 2
ETSY: This is coming down by 10% after earningsNo one can save this and I am all over this.Shortby lousyjets7
ETSY: Side Hustle Cottage Industry Cash CowI've been watching ETSY for a while and they're a solid company with a solid cashflow and have very satisfied customers and vendors and Etsy gets to provide a low overhead marketplace for the two participants to do business with each other. They didn't rise much during last week's rally which tells me that this week is now their time to shine for the alpha seeking investor. Volume is starting to rise, but I think there's time left to get in on this trend before the rest of the market notices, too. For the technicals, price is above all the key moving averages and banging up against the top of the upper Bollinger band. Moving averages also show a good trend of the intermediate term average being above the longer term with a short term pull back breaking out in a bullish direction. MACD is showing a trend reversal by going positive with the bullish divergence only having picked up speed in the last few days. ADX shows that a strong trend has yet to set in, but DI+ crossing over and holding above DI- shows that the trend forming has legs. 14 day price relative strength is rising but has some room to go before hitting overbought territory. The quarterly rate of change is breaking above its two week average and moving in a direction to break positive. I'm hoping to find myself happy with this company that's making money, exceeding analysts expectations, and leaving both customers and vendors happy.Longby chuckination3
ETSY - Bull Flag UptrendI am not in this one. I was late to the party, it may still run.Longby SubGeniusUpdated 1
ETSY Poised to test 74 Breakout ZoneETSY has been consolidating within a standard box pattern for the past several weeks, and has broken out of its initial trend line resistance, ready to test the upper region of the box at 73.50-74. Whether or not it breaks from there remains to be seen, but a test of 74 would yield 3+ points per share. Not a bad return.Longby axelroark1
$ETSY Long entry into earnings, Etsy thrives despite Amazon.Investors love it, analysts love it, sellers love it and customer love they unique products and approach. Etsy is not trying to, or ever will try to, compete with Amazon, thats what probably makes it such a great company with great ethics and products. They emphasis is on quality of product and providing a marketplace for unique products at reasonable prices, fair to the customer and seller. Growth has been amazing and will continue as customers yearn for that something special. Company Description Etsy, Inc. engages in the management of an online marketplace. It operates a technology platform which allows sellers to manage and scale their business. The company offers handmade products such as shoes, clothing, bags, and accessories. It operates through the United States and International geographical segmentsLongby RedHotStocks116
Clear Pennant FormingFollowing the pattern definition, we should see momentum continue (+ $15-$20) after the pattern completes. With only 30 days till ER, this price looks to be a nice entry. www.investopedia.comLongby ItsWilder0