Realamh

W: High Risk of 25% drop

Short
Realamh Updated   
NYSE:W   Wayfair Inc.
There are 3 support levels along the way. And if they don't hold up, W should go back to 200 sometime in September.
Comment:
Second target reached.
Comment:
Second target may hold the line. Let's see.
Comment:
Second line held strong and bounced wonderfully. But, it could be a dead cat bounce unless W breaks above 300 next week.
Trade closed: target reached:
Trade was closed at the second target.
Trade closed: target reached:
Third Target was also reached.
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