I don’t love the market internals right now, so I’m primarily in the idea generation stage of this market versus putting on new positions (beyond quick day/swing trades).
ETSY 0.00%↑ reports earnings 11/1, and looks interesting above those June ‘22 lows. There is a blue AVWAP line from that low point, as well as from the July earnings gap down.
I might consider a quick trade if the stock can get through that more recent AVWAP. This is certainly not a name I want to be holding into earnings, so I’d be hoping for a quick run-up into the print.
