someone asked me to take a look at $etsy . i hold very few stocks and generally dont trade retail stocks and may not actually take this trade
9 month accumulation in demand area.and break out
factors
dis-qualifiers
nasdaq as an index remains bullish , causing etsy to rise through demand area.
possible recommendations
sell ~15.2 , if earning suprise shock wheres off and nasdaq doesn remain bull
buy ~12.5 if measured pullback happens and index doesnt look to have bearish moment
9 month accumulation in demand area.and break out
factors
- Nasdaq made lifetime highs today
- etsy has a suprise earning where the made more then expect per share -.03 vs -.06
- 3d stoch is high , try to cross down.
- about 80 cents from supply area.
dis-qualifiers
nasdaq as an index remains bullish , causing etsy to rise through demand area.
possible recommendations
sell ~15.2 , if earning suprise shock wheres off and nasdaq doesn remain bull
buy ~12.5 if measured pullback happens and index doesnt look to have bearish moment
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the handle is forming here quite nicely
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still on track. nasdaq is tanking today due to $AAPL sell off.
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first target hit
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ive held this position until this week..
if you took the trade as indicated above, you realized a 50% again
this position never met my criteria to take profit so i realize a 262% again
if you took the trade as indicated above, you realized a 50% again
this position never met my criteria to take profit so i realize a 262% again