W Bounce off 50DMA?Not real sure on this one, only a small play. Last time W tanked on earnings, it hit the 50DMA and dropped. Do we get a repeat? If it breaks through, it's probably going to set a new high. I would not naked short this one, bought Jan puts. This is one of the biggest Ponzi scheme in the market. Anybody can increase revenue by selling at a loss. When W goes bankrupt, then we'll know the market has hit a bottom. Probably 2 years while we're in a recession.Shortby hungry_hippoUpdated 220
Wayfair's first day above water $WLooks like Wayfair had its first day with its head above water for the first time in 2 months. After loosing around 50% of its value from the highs in Oct, things finally seem to be looking up. I was looking, waiting, and watching for the price to break the 8MA, we've been stuck under that line for a month. We broke above that line last Friday, which was a low volume, lackluster, half-day for most other tickers. Then today, the first day with real traders back at their desks in a while, we broke above 2 key levels; the 13MA and the downward channel line (line in blue on my chart). I'm looking for one more bullish candle with a close above yesterday's then I think I'll be sold that this is a reversal. Exciting stuff!!! by gingerheadtrader114
W DAILY/WEEKLY NOV 18 2018Over sold watch for break up and get in on daily pullbackLongby VaughanAdams1
Unbelievably technical. Sell this on the rebound.Really bad day for Wayfair after their Q3 report. The MA200 was not able to support the fall. The price finished at the .618 of all the previous uptrend. There might be a little rebound tomorrow. I would take advantage to short it once it hits the MA200 from below. If you were long, that might be a good moment to abandon the shipShortby enungrafico1
W Looking for a DROP in this name - Wayfair - to $85 Title says it all - we're looking for a DROP to at least $85 on this name - this is NOT the next Amazon #stocks #trading #fintech #crypto #IoT Shortby NewYork888Updated 888
Wayfair Stop Profit at 135 USD... time to lock profitsWayfair Stop Profit at 135 USD... time to lock profitsShortby Leo.Ash1
Wayfair if close below 130 USD... close LongsWayfair if close below 130 USD... close LongsLongby Leo.Ash222
Wayfair could be at level of support, expect bounceWayfair seems to be testing a level of support established over the past month and a half. I expect it to bounce, and if it does the outlook is good, as it seems to be headed for a level of resistance at 155 or higher.Longby tommyaus112
W Looking to Short This Name at $150 If It Gets ThereLooking to Short this name at $150 if it gets there via Deep ITM Puts- This company is not Amazon 15 yrs ago as the longs are saying. $120 million insider sales recently of this name = TROUBLE #trading #fintech #stocksShortby NewYork888Updated 272710
Bulls still leading in WayfairCitron Research saying 1st stop at 100 USD... For now bulls are rocking. Any change, we change too... citronresearch.comLongby Leo.Ash112
Short WayfairAn ascending broadening wedge has formed. I strongly believe NYSE:W will gap down to $85 after earnings (August 2nd, 2018), which is the 200d MA. Furthermore, I will make a shot in the dark and consider the extremely unlikely scenario (probability of 1%) that we gap down to $65, which is the bottom rising trend line of the ascending broadening wedge, which I believe will be due to an extremely bad earnings report where there is a huge net loss and a major revenue miss, relative to past reports. At this point in time, Wayfair is on a trajectory to bankruptcy. I encourage everyone to view the most recent quarterly report to confirm this trajectory. Also, please view additional details here for my bearish observations/explanations: stocktwits.com There have been a lot of customer complaints lately with regards to Wayfair's business practices (e.g. high cost for return shipping, damaged items on arrival, serious shipping delays, items not as described as shown in photos, etc.). Interest rates are rising, which would put further pressure on the company to repay its debt. It is already distressed. It has never earned a net profit in a single quarter. Higher rates will only further exacerbate the financial health of its balance sheet and cash flows.Shortby TheSwingerUpdated 2
#study don't underestimate the importance of shakeouts#study don't underestimate the importance of shakeoutsLongby dra.brb2
Weekly Wayfair chart suggesting downtrend in upcoming weeksI have been following W for a while now. Negative earnings, albeit a growing market share and revenue, show that Wayfair still has a while to go before reaching sustainability from an investor standpoint. We should be finding a severe downtrend after finishing an elliot wave triangle with the most recent rally being recognized as wave E. Wayfair has burned me in the past by taking its sweet time to correct, although with recent uptrends in VIX and e-commerce corrections starting to appear (SHOP), I perceive a strong correction coming for W in the next 2 weeks. As for my technical analysis beyond that, I've noticed a pattern at different fib levels showing downtrends after two weekly bars. Also, we see a lone white candle on the daily chart indicating a reversal coming. I would love to hear any other input. ThxShortby petewheela3
W Selloff Coming UpW will go down. Fast. I'd say probably a day before the 18th Annual Consumer Conference on June 19th where Michael Fleisher, CFO, is presenting. Wayfair has consistently trended more negative in net income with every report, with a smaller number of shareholders than previously this year, I expect this bullish wave the come to abrupt stop. I have put options exp: 5/29 (which are selling at a discount) and I expect them to maintain somewhat stagnant at this $108 resistance before a huge sell off causing W to drop to around $70-80. I would love to know what ya'll think about this position. After this strong rally throughout May could Wayfair possibly maintain this momentum? Do you disagree, agree? Leave it in the comments. Shortby petewheelaUpdated 772
Buy the dip in wayfairStock is right now forming a bottom. Between 70-75 dollar stock is a bargain imo. I will buy the dip, over time this stock can go back to 80 dollar and beyond.Longby Nielsagaert0
"Trade what you see not what you think" Bullish SentimentInterest in this market Strong area of support that broke the 83.00 area, area that broke downtrend in November 22nd touched and created another institutional area above. 1-3 risk to reward whilst still keeping an eye on 85s Retail Investors are fearful because of the 4th quarter loss sending the stock down into an area of interest Risk management Cut losses quickly Wait till price action breaches more into the level to buy cheaper Longby AshirDanville0