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W for a win - Good risk to reward - 2x - 3x
Wayfair Inc.
Long
W for a win - Good risk to reward - 2x - 3x
By just4tradin
Follow
Follow
Feb 28
2
Cheer
Cheer
Feb 28
Wayfair is not as big as it was but technically it's one of the heavily shorted name.
As the midcap/small caps started running, W has good entry here.
Started a long position yesterday. will add once I've enough cushion on pullbacks.
Stop loss - 45
Target #1 - 80, 89 then 100
Target #2 - 125
Target #3 - 148
Elliott Wave
elliotwaveanalysis
Fibonacci
fibonnacci
wayfair
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