Alpha - you bet. This is the craziest chart this year. Dog - this is only quarter on this chart the company has been profitable.
All the Fang stocks - this one destroys them all in terms of alpha.
1440% this year bottom to top!
With an average price of $84 for the last year its stretched. IF retail opens up at all - Wayfair's sugar high might be over.
Looking at where its put in support - a 38% retracement makes sense, there is very little to work with so we'll use Fibs.
This may go a little higher before free falling $100 or so.
W
All the Fang stocks - this one destroys them all in terms of alpha.
1440% this year bottom to top!
With an average price of $84 for the last year its stretched. IF retail opens up at all - Wayfair's sugar high might be over.
Looking at where its put in support - a 38% retracement makes sense, there is very little to work with so we'll use Fibs.
This may go a little higher before free falling $100 or so.
W
Trade closed: target reached:
Top of target in 10 days - Even a broken clock is right twice a day!
$90 price drop
Personally I sold after 3 days - at $290 - as I believed it would back test. Set a reminder to to -reload at 315 - never hit it only went to $313.
$90 price drop
Personally I sold after 3 days - at $290 - as I believed it would back test. Set a reminder to to -reload at 315 - never hit it only went to $313.