ETSYs stock price kept rising sharply in latest intraday trading, piercing the resistance of $53.90, with a surge in trading volumes, and amid the dominance of the upward correctional trend in the short term, coupled with positive signals from the Stochastic despite reaching overbought levels.
Therefore we expect more gains for the price, targeting the pivotal resistance of $63.00, as long as the support of $53.90 holds on.
Todays price forecast: Bullish