#study don't underestimate the importance of shakeouts
I have been following W for a while now. Negative earnings, albeit a growing market share and revenue, show that Wayfair still has a while to go before reaching sustainability from an investor standpoint. We should be finding a severe downtrend after finishing an elliot wave triangle with the most recent rally being recognized as wave E. Wayfair has burned me in...
W will go down. Fast. I'd say probably a day before the 18th Annual Consumer Conference on June 19th where Michael Fleisher, CFO, is presenting. Wayfair has consistently trended more negative in net income with every report, with a smaller number of shareholders than previously this year, I expect this bullish wave the come to abrupt stop. I have put options...
Stock is right now forming a bottom. Between 70-75 dollar stock is a bargain imo. I will buy the dip, over time this stock can go back to 80 dollar and beyond.
Interest in this market Strong area of support that broke the 83.00 area, area that broke downtrend in November 22nd touched and created another institutional area above. 1-3 risk to reward whilst still keeping an eye on 85s Retail Investors are fearful because of the 4th quarter loss sending the stock down into an area of interest Risk management Cut losses...
Failed to go higher. Earnings around the corner. Overextended on the weekly chart. RSI decreasing.
Not sure how people say this price is high at the moment ... its just a continuation of a up trend..
Running divergence at breakout point of a falling wedge. Thanks to @kpac82 for getting a jump on this chart. If you don't follow him already, you need to. Here is his Twitter and StockTwits . Buy: 68.75 Target: 72.21 - 76.79 (5.03% - 11.69%)
It's a sell between $68 - $77 per share.
Fundamentals are horrible. Company has thrived on low interest rates as they've been able to borrow to cover short term payables. Negative equity is on its way by next quarter.
W seems very good potential earnings play. It hasBig insider selling and weekly options available. Would consider weekly or monthly August $75 puts if we break 73.07. Possible target of 66.00. $70 November puts for possible longer term play.