ikbensender

ikbensender

Trade within

ikbensender

there is not much too support my theory altough i did try to make it make sense, haha its just for fun

ikbensender

related to my other post

ikbensender

watch my other idea as well to see what happened in 2020 6feb 20 / 23march 20 > 45/55 percent decline, depending on what top u choose, the stock took 44 days to regain rougly 55 percent some time later the stock REALLY broke out RSI was oversold on the daily under the 40 line at the 23rd this happened todat as well. we can see a trend line that started...

ikbensender

feels good

ikbensender

after a reverse head and shoudlers pattern i expect etsy to dip back down again after touching its trend line. macd and rsi are reaching levels that were previously reasons for more downwards momentum. an option play might be very favorable on this short term proceed with caution however

ikbensender

firstly altough RSI is pretty low and you might think we are in oversold territory, analysis of previous dips has shown they don't stop until both RSI are below 40 and MACD is below 0 it seems like the more bullish channel has been broken retested, unsuccessfully and ETSY will continue in its bigger trend channel. we might see it dip to 167 or just above as a...

ikbensender

would not be suprised to see this go all the way back to previous support, into its trendchannel and bounce back up later, please dont take this too serious this is a quick sketch