Sorry for delay, but only 10 idea per daySorry for delay, but only 10 idea per dalay yesterday i have bought put option 80 for $300 22 may expiry, great short opportunity after shorts squeeze
Market insights
W – What?!What is going on with this?
I see a massive selloff down to $20, then sellers had exited. This caused price to sharply reverse, as buyers came in. A bounce ensued and would have been unsurprising, but it has not stopped.
In five weeks, W is up 500%, up from $20 to almost $140. Can someone explain better what is going on here?
Short from level after end short squeeze to target price $80Short from level after end short squeeze to target price $80 by put option $80 strike, and see RSI daily
Wayfair looks like a simple short ahead of earnings IMOLooking at the chart it appears to have topped out in the descending channel, also correlating with the high ahead of their prior earnings - I'd at the very least look for a nice give back leading up to their earnings.
Reasons why:
-Insider Selling
-Mass layoffs not going to bode well for sales regardless of being internet based..
-Not profitable
-Debt
**My opinions only, not trading advice.
NYSE:W
W Looking for pull back to bottom of boxWould love to see this pull back to the bottom of the box for long entry.
Targets would be most recent high then dotted black lines.
Stops below weekly low.
W Short; Now is the Time$W is at the perfect short point; I hope you can see that from the technical analysis in my chart. Along with the fundamental problems in both the overall economy and the business model of $W, $W faces too much technical resistance.
In a very unlikely scenario, it may go up to 95, at most. In the most likely scenario, it goes up to ~85. It is currently at 81, which is either the peak or very close to it. After, it will fall to the closest support, which is ~57.
At most, this should happen within 2-3 weeks. However, the way the markets have been moving, it may take just a week.
Share your thoughts below :)
My $W short thesisThe monthly $W chart looks like a great short here, I picked up puts on it yesterday :)
$W Launches to Key Test as Pseudo-Monopoly Gets SpottedW took off on Monday as the company talked up its performance. This online furniture retailer is clearly benefiting from competitors being closed -- deemed nonessential. Gap-fill resistance at the $100 level isn't crazy if $80 gets beaten.
W, Ponzi Scheme UpdateW has a high short interest, so not surprisingly it's got a short squeeze going on....
Target is slightly above $80, might be worth shorting there. They aren;t gonna ever make money, this rally is hilarious but tat's what happens when you play a crowded game. Not touching it for now.
At $80, daily indicators will probably all be overbought.
W UpdateThis is what it looks like when a bubble pops, reminds me of the Dot Com bust.
This crap is headed for bankruptcy, and I don't see any of the other bubble stocks (SGMS, OSTK, SFIX, etc) coming back either. The market isn't done tanking until all of the bubble stocks die, and TSLA is still in bubble territory.
So more room for downside in the market, probably when the Feds disappoint next week.
Alex Vieira Closes Wayfair Short $53 After Downgrading $163Alex Vieira Upgrades Wayfair $53 PRICE TARGET HIT TO NEUTRAL After Downgrading Strong Sell $163 informing everyone to dump above $158
Wayfair Ponzi Scheme - I feel vindicatedI have been saying for 3 years that this is a Dot Com era Ponzi scheme, and that it will go bankrupt. Appears that everyone has finally come to the same conclusion.
The more they sell, the more they lose money because they sell things for a loss. Any idiot can do that.
My prediction is that this will go bankrupt by 2022 if not sooner. They will no longer be able to finance their losses by issuing more shares or borrowing money. They will run out of cash in 2 years, book it.
Three Percent Trade Idea: Go short WHere is a great opportunity to go short on Wayfair (W). If you are able to go short closer to $90 we think that would be the best time to build your short position.
At Three Percent Trades we have a price target of $65.00 / share, which is a potential upside of 22.3% from the current level.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
Wayfair Ponzi Scheme CollapsingFor those of you who have been around, I've been calling this thing a Ponzi scheme since day one.
Any idiot can sell stuff at a loss, the hard part is making money, duh.
Finally collapsing, probably not gonna bother now that its lower... but investors have little interest in speculative stocks in a ber market.
$W Overbought Short targeting 91-95 Bearish longer termOverbought RSI and MFI ... Bearish candles suggested to back test levels between 91-95 for possible long term up run but if these levels broken then perhaps its looking for new all time lows below previous year bottom ..
Buy and sell opportunityChart and trend analysis:
Monthly timeframe - up
Weekly timeframe - down
Daily timeframe - up
Hourly timeframe - up
Trade action:
Long-term opportunity - BUY
Short-term opportunity - SELL
Important points:
1] Both, buy or sell zones have 2 price levels, color-coded for your understanding: Green (enter a trade), Red (exit the trade or stop-loss)
2] Your choice of buying or selling depends on your timeframe (long term wealth investor vs. short term income trader).
3] Follow our T4 strategy when the price reaches the zone: wait for a bullish and bearish reversal in buy and sell zones respectively.
4] Risk management strategies are critical in any trading or investing activity such as position size (how much to invest) or stop-loss (knowing when to exit with an acceptable, predefined, minimal loss).
Visit us to learn more: www.usstockadvisor.com
Wayfair Ponzi Scheme Over?Revenue flat while losses keep getting bigger. Can;t use expansion as an excuse for negative margins anymore, any idiot can sell stuff for a loss. This company is never gonna make any money.
Headed to zero eventually, only a matter of time now. The big movements will happen on earnings of course.
