Stock Markets Analysis and Opinion

When Reams Come True: Wayfair’s Wipeout

2022.04.25 13:36

Early in December 2021, I suggested Wayfair (NYSE:W) as a short. It was above $220, and I described it as “at the cusp of breaking below a fantastically well-formed topping pattern.”

When Reams Come True: Wayfair's WipeoutWayfair Chart

After a 62% wipeout, let’s all just agree I was really, really right.

When Reams Come True: Wayfair's WipeoutWayfair Price Chart

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