Wayfair bullish falling wedge with upwards support

٢٥ ديسمبر ٢٠٢٠

Wayfair attempted to break out of the falling wedge this past week, it was walked back down by a -9.55% day. This dip decelerated today (12/24), and is expected to continue slowly until we hit support in the next week. It is the. Expected to test the top of the wedge again in 1-2 weeks, as the upwards support will continue upwards pressure.