Etsy, Inc.
Long
Updated

ETSY on watch

346
Broke out of some consolidation then ran into trend line resistance. Good chance for a break here coming into xmas shopping season.
Has already tested the trendline twice increasing odds of a break. Risk is a close below the box. Targets are the dotted lines.
Strength in the broader market and retail sector would help.
Note
No trade yet. Still in box. Needs to break above the line and box to trigger.
Note
Trade active
Note
T1 and T2 hit

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.