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LivermoreGrahamDisciple

Wayfair Inc-Expecting a quick bounce off support line to Target1

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Wayfair Inc. (NYSE:W)  
LivermoreGrahamDisciple  
NYSE:W   Wayfair Inc.
Chart Patterns Trend Analysis bullishfallingwedge
3
1
chartpattern trendanalysis bullishfallingwedge
Should bounce off support and easily climb back to target 1... If price reaches target 1 but hits resistance wait and see if double bottom forms. breaks through target 1 it should easily climb up to target 2 price (which is resistance line). If it does climb to target 2 but fails to break resistance, sell and take profits. If it breaks resistance we can expect an upwards breakout.
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