$ETSY is an e-commerce website for handmade goods.
I'd say in a soundbite that $$FB is $PINS what $AMZN is to $ETSY.
The stock was breaking out in August, and retraced to a strong support at 100-105 during the September selloff in a bear flag .
The stock has resumed its march upwards and was up 8% in a very good day for Internet retail stocks.
$130-135-140 are all resistances, but momentum is strong with this one.
I'd say in a soundbite that $$FB is $PINS what $AMZN is to $ETSY.
The stock was breaking out in August, and retraced to a strong support at 100-105 during the September selloff in a bear flag .
The stock has resumed its march upwards and was up 8% in a very good day for Internet retail stocks.
$130-135-140 are all resistances, but momentum is strong with this one.