BEST STOCKS TO BUY TODAY: W @05/05/2023
| Ticker | W, Wayfair Inc. | Note |
| Last Price | 40.19 | |
| Buy | 40.19 | Limit Order This is generated by our mechanical trading system. Please read the chart section for more detailed and flexible entry options. |
| Target | 44.21 | Default at 10%, Or Sell when close below ma5(short term)/10(midterm)/20(long term) or when big down day or when formed inverted hammer at a resistance level |
| Stop | 35.5 | |
| Reward/Risk | .86 : 1 |
Above is the summary of one of our Best Stocks To buy.
More Technical Status
| ATR | 2.82 | |
| Beta | 3.04 | |
| RSI(14) | 62.06 | |
| SMA20 | 14.64% | Distance to SMA20 |
| SMA50 | 14.21% | Distance to SMA50 |
| Recommendation | 2.70 | Analysts’ mean recommendation (1=Buy 5=Sell) |
Our system generated several buy signals today. W is one of them. Let’s take a look at this stock’s chart (The first chart below is a live chart).
W made a nice up move today with great volume. Its next target will be the previous gap at around $46 – $48 level. If it can take over that, then it will shoot for even higher gap $56 – $58 level.
