Its time for Wayfair to chill out!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.