Second correction wave on WThis stock is following the elliot wave nicely... looking to see if it will keep following. Expecting to be in a correction wave with a pull back before moving higher for the third impulse wave. Buy the dip. Longby Shootda3
WAYFAIR (W) 07/12/20 POSSIBLE SELLALL 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.Shortby NoefxxUpdated 111
OPPORTUNITY OF A LIFETIME: SHORT THIS EVIL CORP 2 THE GROUND!WAYFAIR HAS GOTTEN CAUGHT RED HANDED IN DEALINGS WITH THE LOWEST OF THE LOW. I DONT KNOW IF THEY WOULD DELETE THIS POST IF I GO INTO ANY MORE DETAILS BUT I ENCOURAGE YOU TO LOOK INTO IT.Shortby lofihenny2210
I'm Short on Wayfair, here is whyThere are logical reasons on why Wayfair might meet some resistance quite soon. Looking at the previous bearish run and the current curve, it looks like the fractals are already setup towards its peak for the current wedge. Right now, slight resistance can trigger the bullish pattern quite easily to retest and retrace back downwards. I feel it is too risky of a buy. That being said, everything I say is as an opinion based basis. Sale, hold or buy at your own risk. Pursue your own due diligence as this is not meant to be taken as actionable financial advice.Shortby gamer4561483
W ShortWayfair Inc. (W) has been caught in a serious situation of allegations accusing the company of involvement in a human trafficking ring. The hashtag #WayfairGate was trending on twitter as thousands were bringing the issue to light. From a trading standpoint, Wayfair has been looking like it may be a potential short, with weak indicators and currently an ascending triangle pattern. With this news coming over the weekend, Wayfair may see heavy selling volume at open on Monday, which will look to possibly fill the first gap at the beginning of the chart pattern, and possibly further down to the open of its July 1 price surge.by nmatto4
W Short AnalysisWayfair is showing a possible bearish rising wedge forming on the daily. Watch for a retest of the lower trendline. It's important for W to stay under confluence at 1.618 near 231 for the pattern to hold. Any clean break above 231 or higher will negate the short-setup and lead to a bigger bull setup. Only entering a short position once the lower trendline is broken with a first PT of 200. Negative news catalyst may or may not play a role on Wayfair.Shortby theguinnessinvestor335
$W buyzone and targetsTargets for $W in the upcoming daysLongby IrregularUntenablePassportUpdated 5510
The WAYFAIR OfferHey guys, WAYFAIR is on a strong trend support, attempt of the sellers aborted it is plausible that we break the consolidation zone to go up on the highest. We arrive in a big indecision zone. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd11117
Wayfair: Now is the timeAs per my previous post, I have been waiting for the opportunity to short at $199. TP and SL subject to change by manual closing but trade is now open. Shortby yujingrUpdated 119
Losing its steam, overvalued.I've opened the following short position. Watching for it to break key support in the coming 1-2 days. Stop if crosses 220Shortby aham2936114
$W - Wayfair Weekly Short OpprotunityToday 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 many more local furniture stores, IMHO people still like to sit down and checkout the furniture BEFORE they buy! Still I don't get any logical reasoning for this to continue going higher. I am not impressed with their latest 10Q which all the hype was around the new orders and what not. Still they are REPORTING A NET-LOSS! Plus a lot of the numbers look better in 2019 compared to 2020 which also isn't a good thing. Here ya go check it out for yourself! www.sec.gov Anyhow I am watching the $100-$120 P GLTA & don't get fomo & buy the top it SUCKZ! Shortby AaronXUpdated 337
Cup and handle breakout looks for new highsWayfair has been consolidating for quite some time now. Was expecting the breakdown afterwards but it looks like I was wrong. The current formation is reminiscent of a cup&handle and coupled with the recent breakout looks to be making a mvoe up. Longby MysteriousPersianUpdated 449
W: Wayfair. Short Entry ConditionsSome personal opinion on Wayfair . - wayfair is stupendously overvalued - the stock got lucky off of the pandemic, but without any offline presence, its business model is ultimately unsustainable. - current price factors in potential high growth, where I see none. - an online furniture business can only grow so much - without a full transition in business model, from online to consumers, to (Online + Offline) to consumers, its growth will be stunted. And this will only take a few quarters to reflect on their earnings report growth figures. - this is not a long term stock to hold, neither is it a short term one, as I will have listed the conditions for entry below If you disagree, consider: => what conditions regarding the stock caused it to be trending downwards before the coronavirus => how much has the coronavirus affected those conditions? => are these changes sustainable, will they diminish, will they get stronger? Conditions: 1. Price $199 2. PA and volume showing unwillingness to go beyond. without meeting these conditions, it would not be wise, for me, as a trader, to enter a position against the current trend, regardless of how tempted it might be.Shortby yujingr226
Its time for Wayfair to chill out!This absolute turd is way overbaught and once again around the peak of the weekly MACD. Started a short position as the S&P also seems to be showing SOME signs of weeknes...(imagin). Because this is a dumb money crowd play my short stop loss is tight and if it breaks green on any day I would be ending my position. Should be easily send fown to $150 or even less in the near term. Shortby GK-TradesUpdated 118
$W -- hate to say it but $SPY $SPX $AAPL $QQQ -- Hate to say it but this shitty mc shitburger of a company $W looks like its bull flagging... disgusting.by Bearish-Bulls668
short Wayfairnegative equity, low margins, no scalability. Pretty overhyped during #corona times, similar to CVNA. Aiming to see this going to pre-corona levels of around 80$Shortby slaughtered_sheep447
W riding the 8DMA Gap fill in future W currently riding the 8DMA as support and big Gap needed to be filled in the future by anjeltradeUpdated 3
W SHORT$W entered previous gap-up zone. Watching for gap close. Target .618 Fibonnaci retracement level $126-127. Shortby abarr123Updated 336
Waifair (update)As initially thought, W went on to make a higher high and found strong resistance at the 200 region. Expecting some kind of consolidation here before either heading higher or lower. Consider the balance and income sheets and the overall economic conditions, the bias is obviously down but that does not mean it cant squeeze higher either. With a shgoirt float still hovering around 30%, the potential for higher highs is still thereShortby MysteriousPersianUpdated 885