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Art_of_Investing

ETSY chart analysis - double top

Long
Etsy, Inc. (NASDAQ:ETSY)  
Art_of_Investing  
NASDAQ:ETSY   Etsy, Inc.
Trend Analysis Chart Patterns Technical Indicators investing chart chartanalysis Technical Analysis buysetup
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Etsy lost its intraday high on Friday and closed near lows. But it’s still above all the moving average. 5 day, 20 and 50. It has strong high uptrend with strong RSI at 64. BUY THE DIP and let it try to break All time high again. Most likely it won’t break ATH and create a double top situation and will fall after that.

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