Earnings 5-3-23 AMC.
Cypher noted for now unless the 4th leg goes much further to the downside. The 4th leg is dashed as I am not sure it is complete.
Peak 2 is higher than peak 1. Leg 2 completed at the .618 of the first leg up. It is an M pattern.
This is not a long entry level although there was a attempt, but an throwback sent this back to support.
Etsy missed earning the last 2 quarters.
No recommendation.
possible stop under 99.23
IT APPEARS EARNINGS WILL BREAK OR MAKE THIS ONE.
Cypher noted for now unless the 4th leg goes much further to the downside. The 4th leg is dashed as I am not sure it is complete.
Peak 2 is higher than peak 1. Leg 2 completed at the .618 of the first leg up. It is an M pattern.
This is not a long entry level although there was a attempt, but an throwback sent this back to support.
Etsy missed earning the last 2 quarters.
No recommendation.
possible stop under 99.23
IT APPEARS EARNINGS WILL BREAK OR MAKE THIS ONE.