NYSE:W   WAYFAIR INC
10 0 2
According to the technicals Wayfair             has been range bound for the past year or so. A strictly technical trader would notice the recent consolidation around 38 and likely be thinking prices would rise. However, I do not believe in the business model. Many people like to go into a psychical store before buying furniture, and other already established furniture dealers also have an online presence which is big competition for Wayfair             . Combine this with their difficulties posting profits quarter after quarter and I do not see this stock doing well in the long term. Short term we may see a bump back up to 48 or so but long term I would not park my money here

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