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LivermoreGrahamDisciple
Dec 31, 2020 7:13 AM

Wayfair Inc-Expecting a quick bounce off support line to Target1 Long

Wayfair Inc.NYSE

Description

Should bounce off support and easily climb back to target 1... If price reaches target 1 but hits resistance wait and see if double bottom forms. breaks through target 1 it should easily climb up to target 2 price (which is resistance line). If it does climb to target 2 but fails to break resistance, sell and take profits. If it breaks resistance we can expect an upwards breakout.
Comments
bdawg91
Man at rate we’re hitting that stop loss before we have a Green Day. MMs are trying to kill this stock
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