$ETSY (DAILY) - Cup Breakout

9 thg 10, 2020

ETSY (DAILY)

Cup Breakout as on 10th Aug 2020 till 7th Oct 2020
100 day horizontal channel high broken out on 8th Oct 2020 , however red candle , await next candle for confirmation

RSI > 65
9 day EMA > 21 day EMA > 50 day MA
Volume is average

Buy above high of 144

Target Height of cup for $39 dollar move
OR
Target 2*ATR @ $13 move