Will Wayfair break out of the triangle pattern that has been formed since August 2020? It's a bullish pattern and has every chance of heading higher. Wait and see though.
Here we go over last weeks outlook video as well as some stocks we are watching this upcoming week!
Here I go over some charts we are watching for the coming week as go over the results from last weeks video! NASDAQ:AMZN NASDAQ:EA NYSE:HD NASDAQ:DDOG NASDAQ:LAZR NYSE:LMND NYSE:M NYSE:W
Brief video setting up a potential Long Swingtrading opportunity on the Wayfair Inc Stock using our Elliottwave Indicator suite. Main focus in this video is using all the tools to measure the wave 4 profit taking pullback. Then looking at a sensible entry strategy for that high probability 5th wave move. If the stop for the order is broken, we cancel, and wait...
Changed my count up. Looks like a smaller correction at this point.
Wayfair had a nice impulse, but looking for a correction now.
Have a great day all!