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Wayfair Inc.
Long
Oct 22, 2020
$W Wayfair At Buy Point - Earnings Upcoming
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Wayfair - Held support at the lower trendline today. High probability of a near term bounce from this level. Earnings upcoming early November.
Near term target - $300 (If/when it breaks through the upper trendline, we could see $325 quickly - obviously dependent on earnings reaction)
Note: This is NOT investment advice.
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