Its time for Wayfair to chill out!
Updated
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.
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.
Trade active
Happy to hold this short position for the long term. Way overalued and you have Citi bank backing your short position.Trade active
Looking descent, we're finding a nice top and clear resistance. I don't see how this wont be down to $140 soon...especially with a very strong bearish weekly MACD. hold!Trade active
Stomaching this - as shorts covered do to CNBC e-commerce pump. Will be adding once more for my short position. Not concerned.
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