Etsy Bitsy Spider

Etsy is a stock with a P/E of about 80, a broken trendline, and a diamond reversal pattern.

I present to you a stock with a P/E of about 80, a broken trendline, and a diamond reversal pattern: its name is Etsy (symbol, unsurprisingly, is ETSY) and here we see the broken uptrend:

(Click on image to enlarge)

And, looking closer, a very well-formed diamond reversal pattern:

(Click on image to enlarge)

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