Modus777

$W Weekly Potential cup and handle or big break-out?

Long
NYSE:W   Wayfair Inc.
The conversion line crossover might not be a strong indicator in this case since the ichimoku cloud still shows big strength on the weekly movement as well as the lagging line showing bullish signs. I would love a break above that pink line and to hold, or a potential lower volume (as it currently appears to be the case) flag for a big move to the upside.

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