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ETSY Weekly Trend Break Setting Up

ETSY Weekly Trend Break Setting Up

by | Aug 25, 2021 | Chart SetUps

Etsy (ETSY) shares consolidating in a multi-week range under $204 and the top of July value with a breakout measuring to $230. Shares are back at cloud support and hitting the ‘ready to run’ scan today with both RSI and MACD showing signs of turning higher and plenty of room for expansion. ETSY has been forming a big weekly bull wedge from the highs in early 2021 and continuation of the strong long-term trend.