Etsy, Inc.

ETSY breakout?

78
If ETSY has in fact broken out of what I suspect to be a cup and handle formation, then I would say 63.92 is in the cards for it's stock price. It recently closed it's most recent gap and we are heading towards earnings come the 26th of Feb 2020. I will be keeping an eye on this. I am a little concerned about the bearish crosses of the EMA's, but it looks likely to cross back over towards the upside shortly. I am anticipating upward momentum, as they have beat earnings expectations multiple times in the past.

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