The formation of a rounding bottom pattern in Wayfair Inc. shares has come to an end. The stock’s serious bullish intentions are confirmed by the fact that it sped up to USD 25 – 27.50, taking it to USD 30.90. The name is rebounding to the breached pattern, with movement turning into a flag, which points to an extension of the trend. Investors can launch long positions with a target equal to the size of the pattern at about USD 45, with stop loss orders beyond the breached boundary at USD 29. My forecast participates in the Market Forecaster contest. Follow the link s30548462907.whotrades.com/blog/43272099952 to vote for it and help me win the top prize. Thank you.
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