Wayfair (W): Buy at 324.31, Profit Taking at $405.39

Stay at Home orders have affect us all and has made us rethink how we live in our own homes. Wayfair is an online retailer that helps us find the items we would liek to improve ours homes. They sell everyday decor items to appliances and they have growing earnings to prove they are growing. Sales and Earnings Below

Quarterly Sales:
Mar20: +20%
Jun20: +84%
Sep20: +67%

Quarterly EPS:
Mar20: Negative Earnings
Jun20: +313%
Sep20: +192%

Yearly EPS
2019: -8.03
2020: 4.43
2021: 2.21

The technical formation is shaping up nicely with a double bottom base. The yearly EPS is cause for concern is 2021 estimated EPS is lower than of 2020.

For more info on double bottom bases:

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