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WATCH $ETSY

118
Bullish

Fundamental
imagen
- High inflationary Macro environment / no fear sentiment
- Funds not Accumulation
- Decent PE
- Positive PEG
- Decent P/FCF
- Bottom Sector / Industry / Leader
- Stock price attractive but seems like business model might not be attractive for the coming inflationary environment but again, it might help for small businesses to cope!
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Technical
- Momentum Theory Indicator - waiting for momentum to bottom out
- Very attractive R/R long term uptrend
- Price action formation ( falling wedge )
- Broke Trend line
- Below 200MA
- Supported by POC
- ST not ok
- No bullish Candlestick pattern / formation yet

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Entry idea

- For members


Stop loss depending on entry and risk appetite. But always set meaningful stops.

"Why be mediocre when excellence is an option"

Cheers and happy trading!

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