HandsomeSloth

Watching potential inverse head and shoulders

NYSE:WSM   Williams-Sonoma, Inc
Combatting factors at play here:
Technicals = potential inverse head and shoulders ... but we only made it just above the 0.382 fib
Fundamentals = housing (and thus buying things from WSM for your new house) are having a bad time

We should know in a few days which way this might trend.
With now PS at 1.2 and PE at 9.5, and with both revenues and net income constantly increasing, I like this one for the long-term.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.