Jackson Vizzo's video: Is Wayfair Stock A Good Buy For 2020 Wayfair Technical Analysis 300 INCOMING

In this video, I am going to be talking about is Wayfair stock a good buy for 2020 and giving a Wayfair technical analysis to see if $300 per share is coming! ✅Buy Limited Edition Success Apparel ✅- https://teespring.com/stores/successful-apparel Shop online through Rakuten and get amazing & FREE cash back when you buy from hundreds of stores! Sign up here to get $25 FREE: http://bit.ly/2YVOCJ8 Resources I Use & Recommend: WealthSimple Trade - https://my.wealthsimple.com/app/public/trade-referral-signup?code=DUOABG Never miss an entrepreneur video again! Subscribe ⇾ https://bit.ly/2wvnxDq **Follow My Social Media** ➥ Instagram - https://www.instagram.com/jacksonsummers111/ ➥ Facebook - https://www.facebook.com/Jackson-Summers-Success-331757891017981/ ✅Join the FREE Online Success FB Group ✅- https://www.facebook.com/groups/2213260148989782/ Before the stock market crash back in February and March, Wayfair (W) stock was sitting at about $100 a share however now it is trading at an all time high of $185 a share. The most interesting part is that we actually fell all the way to $25 a share so we have grown over 600% in less than 3 months!!! This has been one of the fastest moving stocks during these last few months and the technicals are looking very interesting at the moment. We have tons of support below us but no real resistance levels other than physiological levels. Wayfair’s market cap is about $17 billion so it's really not the biggest company out there and definitely not the most profitable as they lost close to a billion dollars last year on sales of $10 billion. The financials of Wayfair do not look the best as their liabilities have exceeded their assets by a billion dollars and have continued to grow faster than their assets. This is a clear sign of an unstable company that could potentially go out of business in the near future, I do believe in the quality of their products and services and hopefully they find a way to increase their profit margins. So in my opinion, Wayfair could reach $300 by the end of the year if the bull trend continues however that is still 60% growth from where we are now. The important thing is that we worry about the current price action and volume as the long term outlook can change very quickly! In this video I discuss: *I am by no means providing financial advice in this video or any of my videos. I am however sharing my experiences and knowledge on a number of online business and financial topics*