There are logical reasons on why Wayfair might meet some resistance quite soon. Looking at the previous bearish run and the current curve, it looks like the fractals are already setup towards its peak for the current wedge. Right now, slight resistance can trigger the bullish pattern quite easily to retest and retrace back downwards. I feel it is too risky of a buy. That being said, everything I say is as an opinion based basis. Sale, hold or buy at your own risk. Pursue your own due diligence as this is not meant to be taken as actionable financial advice.