Art_of_Investing

ETSY chart analysis - double top

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NASDAQ:ETSY   Etsy, Inc.
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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