If you haven`t sold ETSY before the previous earnings:
Then analyzing the options chain and the chart patterns of ETSY prior to the earnings report this week,
I would consider purchasing the 70usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $12.15.
If these options prove to be profitable prior to the earnings release,...
ETSY is trading at a 50% discount to its fair value estimate.
Wide moat with Standard capital allocation
Down 80% from its all time high.
Technicals look very attractive.
That said, ETSY currently ranks poorly on my screens, so this is purely a technical/contrarian trade idea. GreenBlue Rank: 1845
Company Description:
Etsy operates a top-10 e-commerce...
ETSY is at a major support right now.
Tight confluence of two major golden fibs.
BEST chance for bulls to paint a bottom here.
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NASDAQ:ETSY is a leading online marketplace for unique, handmade, and vintage products. The company has a strong brand identity and a loyal customer base, which gives it a competitive advantage in the e-commerce industry.
The market for unique and handmade products is growing rapidly as consumers increasingly value individuality and sustainability. Etsy is...
No doubt ETSY is a sh##y stock, but looks like it found a temporary bottom here.
Build long between 70-80
Stop loss - 65
Target #1 - 100
Target #2 - 115
Target #3 - 130
Target #4 - 150, after a pullback
If you haven`t sold ETSY before the previous earnings:
Then analyzing the options chain and the chart patterns of ETSY prior to the earnings report this week,
I would consider purchasing the 75usd strike price Puts with
an expiration date of 2024-2-23,
for a premium of approximately $3.50.
If these options prove to be profitable prior to the earnings release, I...
The recent analysis of Etsy's ( NASDAQ:ETSY ) stock performance reveals a sobering reality: the platform's forecast for the first quarter paints a picture of subdued demand, signaling potential trouble ahead.
The Handcrafted Conundrum
Etsy Inc.'s., ( NASDAQ:ETSY ) cautionary outlook stems from a confluence of factors, chief among them being the waning appetite...
NASDAQ:ETSY This is another one that is forming a cup and handle base. MACD and RSI trending up.
The ER will determine $61 or $90.
Upside Targets:
$85
$90
$97
Downside risk:
$61
Etsy is backtesting a massive historical level after springing above it following a false breakdown. The false breakdown also completed a bullish shark at the 886 on the weekly.
Full pattern and targets shown below.
NASDAQ:ETSY is currently up against the upper trendline channel resistance. If it can break above this resistance, it has the potential for further upside.
Upside targets:
$75
$80
$94
Downside risk:
$61
I just sold CSP at strike 65 expire on 11/10. I don't mind if the get assigned, actually I want that. I would keep the premium and the stock. I think it has a lot potential to the upside just need a little patience. The CSP of Etsy pay very well.
Prices is landing on a strong support area. I don't think is going to bounce right away, it needs some accumulation first. But if you have a long term view, you can buy some now and buy more in a few weeks if price still trading close to the support zone.
