$ETSY
Added 2023-11-24 17:53:36 +0000 UTC$ETSY is back above the blue support line again, having been rejected at this line 3 times since Sept but broke through this level in November, a retest of this line and holding above will be great news for bulls, confirming that this level has been converted to a support line.
$ETSY's fundamentals have improved drastically now since the share price has reduced from $150 to $60's, so buyers might start stepping in here.
$ETSY is a niche market and is still overshadowed by $AMZN, which could easily add this market on its site and this would be difficult for $ETSY to compete, so its moat is not particularly strong here.
