ETSY had a mini correction after earnings recently. It has started to move up on a double pennant.
Quite unusual to see but as I've drawn and labeled. ETSY formed the first pennant on the 6th and the second on the 7th as a result of market dip.
As a result, I'm expecting a bullish move up which actually started at 2 EST and could continue into Monday, 8/10.
Quite unusual to see but as I've drawn and labeled. ETSY formed the first pennant on the 6th and the second on the 7th as a result of market dip.
As a result, I'm expecting a bullish move up which actually started at 2 EST and could continue into Monday, 8/10.