ETSY - Etsy Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by StockJock-e, Sep 21, 2016.

  1. Unicorn Dreams

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    Adding more on the break out, the classic Jesse Livermore play.
     
  2. Unicorn Dreams

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    Closed out the last of my Etsy position twelve cents below my profit target of $20, as they say don't be a dick for a tick. Finished trading for the year. Time to take it easy for the last three weeks of the month and enjoy the holidays.
     
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  3. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Congrats UD on hitting your target !

    I believe I'm going to stick with the trend a bit longer. Based on the work of Linda Raschke, when a trend has about 7 or more closes on one side of a 5-day SMA the trend is having an extended run and probabilities say to enter or add on the first close on the other side of the 5 SMA. However, the exception to the rule is if the trend has stayed on one side of the 5 SMA for 18 or more closes because then a reversal is more probable. I've observed this, so I think its legit, but I have not thoroughly tested it.

    So in the case of ETSY, it has now had 7 daily closes above the 5-day SMA, so I should be looking to add again on the first close below the 5-day SMA....unless that doesn't happen until 18 closes above the SMA. The other exception I have is if I see climatic price/volume action, then I may get out. Staying with a trend is harder than it looks.

    Daily chart after 25 minutes of trading on Tuesday Dec 12th
    upload_2017-12-12_8-56-54.png
     
    #23 Onepoint272, Dec 12, 2017
    Last edited: Dec 12, 2017
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  4. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Looks like a stick-save today on ETSY...sweet. Hopefully it'll hold 20.07 today. Trying to ride this to $29.

    Daily on Fryday as of 12:14 central:
    upload_2018-1-5_12-14-52.png
     
  5. T0rm3nted

    T0rm3nted Moderator
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    Looks like someone doesn't want it to go below $19, nice support found there today.
     
  6. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Decided to sell yesterday (Wed, 2/21) at 21.525 on the revelation of the selling tail on the daily stick. 24.5% gain after comms. I'll wait to see how it reacts to today's price action and decide whether to re-enter in the next several days before the ER next Tuesday after the close. It still has cause built for an effect to $29.

    upload_2018-2-22_6-50-21.png
     
    #26 Onepoint272, Feb 22, 2018
    Last edited: Feb 22, 2018
  7. StockJock-e

    StockJock-e Brew Master
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    That was an excellent trade! Well done!
     
  8. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Bought back a 1/2 position at 21.01 just before the close and the ER. Up to nearly $25 AH and settled in just above $24. Apparently their guidance improved. Of course I know the real reason for the rise...the big money had already accumulated a large enough line and locked it in a box vowing not to sell until about $30.40.

    I had previously calculated that 8 columns of cause were needed in this re-accumulation range for it to be ready to continue its journey to $30. I was assuming a retracement to 20.40. The actual retracement was to 20.80, so it gives an exact agreement with the base-count target of $30.40. Tomorrow should begin the mark-up right on schedule. Gotta love manipulation.

    upload_2018-2-27_21-54-44.png
     
    #28 Onepoint272, Feb 27, 2018
    Last edited: Feb 27, 2018
  9. T0rm3nted

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    Well done, hope it gets there for you!
     
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  10. Stockaholic

    Stockaholic Content Manager

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    ^ i second that motion
     
  11. StockJock-e

    StockJock-e Brew Master
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    Impressive Q4 bringing buyers here.
     
  12. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    Sold on today's upthrust. Hopefully it gets a decent retracement so I can buy it back cheaper. Point & Figure target is $30.40 (see above).

    upload_2018-3-5_20-57-23.png
     
    #32 Onepoint272, Mar 5, 2018
    Last edited: Mar 6, 2018
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  13. Lonnie Ray

    Lonnie Ray Active Member

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    Heard the name before, but never knew what they did. So it's like a hipster ebay?
     
  14. Onepoint272

    Onepoint272 2019 Stockaholics Contest Winner

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    I suppose you could say that. They mostly have home-made and cottage industry merchandise along with hobby supplies. Say you want to skin those pesky squirrels that's been raiding your bird feeder and make yerself a nice squirrel-skin steering-wheel cover for your lady's Buick Regal and a nifty squirrel-tail antenna-streamer for the smoke wagon....yeah, that's right, ETSY's your place to get the tools you need to get that job done. You ain't gonna find that stuff at the Walmart.
     
    #34 Onepoint272, Mar 6, 2018
    Last edited: Mar 7, 2018
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  15. Lonnie Ray

    Lonnie Ray Active Member

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    Now that you mention it, I do have a ground squirrel problem. I was thinking of the Cady Shack way to eliminate them.
     
  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    That link in last post, 2 years ago, is still active.
    Nearing $300 now, one of the few stocks that looks to me like it could outperform even TQQQ.
    [​IMG]
     
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