Etsy Bitsy Spider

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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David M. Goldstein 2 weeks ago Member's comment

Wasn't the consolidation like 6 months ago the same pattern that broke up?