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#ETSY: Big reversal, basing after the previous decline ended

The weekly Timemode trend signal here expired, signaling a potential reversal in the making. Price action was seen basing for weeks on end since the initial rapid decline stopped. Looks like price can stage a comeback and land on $214 or higher, or even new highs in the coming months. I'm long from around here, aiming for the blue arrow target, but potentially riding this one for longer if warranted.
Cheers,
Ivan Labrie.
Cheers,
Ivan Labrie.
Ghi chú
Close to the first target already.Ghi chú
It will take a while to move higher, so for now I'm out. Nice run, ez money.Thông báo miễn trừ trách nhiệm
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Thông báo miễn trừ trách nhiệm
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.