Wayfair ( NYSE:W ) reported a Q1 non-GAAP loss of 32 cents per share, narrower than the Zacks Consensus Estimate for 45 cents per share. The company reported a loss of $1.13 per share in the year-ago quarter. Net revenues of $2.73 billion surpassed the consensus mark by 3.3%, with the top line decreasing 1.6% year over year. LTM net revenues per active customer...
In a surprising move, online home furnishings giant Wayfair (NYSE: NYSE:W ) has announced a significant restructuring, involving the elimination of 1,650 jobs, constituting 13% of its global workforce. The company's CEO, Niraj Shah, attributed the decision to an acknowledgment that Wayfair had "gone overboard" in hiring during a robust economic period, leading...
W
Buyzone = 280 - 290
1st Target = 310
2nd Target = 325
3rd Target = 340
HODL Target = ATH
______________________________________________________________________________________________________________________
This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good...
W appears to be at low risk areas for a possible long as it finds itself at the lower range of a bullish ascending triangle pattern.
We of course want to play the breakout of this but in the meantime if the green trendline continues to hold, longs in this area could make for a good trade before the top of the triangle gets tested.
So far it is still holding.
The...
W breaking out of Bull Flag. After a huge move from $70 to $349, we have been consolidating for a while. Smart money has been accumulating more shares... I think in a few weeks we will move higher and enter price discovery stage.
-Natalie Garces
Current Price: $343.68
Support: $341.29, $340
Resistance: $350, $355, $368
First PT: $350
If price bounces off support line I will buy on the expectation it will easily hit target 1:$260... If it hits resistance here, sell and take profits however, if there is a strong breakout of resistance line we could see some really nice upside. I am watching closely over the next couple days and will consider buying call options if the right opportunity presents itself.
Monster sized gains since march this one has been on a massive run over 600% in gains!
Once this one shifts red I'm taking my shot at it.
Lots of bad rep in the media been going viral on all social media outlets.
🤔🤔🤔
Google trends popping off for wayfair currently.
ALL THE ALLEGATIONS AND CONSPIRACY ABOUT WAYFAIR. PRICE HAS BEEN UP THERE 5 DAYS AND CAN'T BREACH $230 PRICE. EXPECTING PRICE TO DUMP WITH POTIENTIAL TARGET OF $200. CHECK OUT MY YouTube AT NOEFXX.
Today I am sharing my view on Wayfair, which IMHO this is WAY overbought & just absolutely ridiculous. $20 to $200 for a stock that is still reporting a net-loss & selling Crap Chinese goods with awful customer service. Reminds me of wish for furniture, well maybe lets not take it that far lol! Anyhow lots of competition in the space, Amazon, HD, Overstock, and...
