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 ship
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 ship
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.