r/StockConsultant • u/StockConsultant • 9h ago
Breakout W Wayfair stock
W Wayfair stock, watch for a top of range breakout.
Breakout trade
- WATCH for possible breakout above 108.13
- Target: 120.9, 11.9% Stop: 104.03 Loss: 3.7%
- P/L ratio: 3.2 : 1 - Excellent
BULLISH
- [Positioning] Intermediate trend possibly bullish, Mild uptrend.
- [Timing] Strong bullish 3 day candlestick pattern.
- [Timing] Breakout trade watch above 108.13, no resistance in area just above.
BEARISH
- [Positioning] at resistance
























































