NASDAQ:ETSY   Etsy, Inc.
Earnings 5-3-23 AMC.

Cypher noted for now unless the 4th leg goes much further to the downside. The 4th leg is dashed as I am not sure it is complete.
Peak 2 is higher than peak 1. Leg 2 completed at the .618 of the first leg up. It is an M pattern.

This is not a long entry level although there was a attempt, but an throwback sent this back to support.

Etsy missed earning the last 2 quarters.

No recommendation.
possible stop under 99.23

IT APPEARS EARNINGS WILL BREAK OR MAKE THIS ONE.
Penafian

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