Earnings beat and I am not sure of guidance.
It seems that WSM was doomed no matter what they reported.
Price was above the bands set on an 80 DMA. Not anymore.
Crooked W and the last leg terminated at just above the 1.113. But it is an ugly and long top wick that pierced the 1.113.
Almost a text book Alternate Bat.
The "regular" bat terminates at the .886.
No recommendation.
Short interest is approximately 18.47% depending on where you look with 9.3 days to cover.
WSM seems to be highly shorted most of the time. Not sure why but for quite a while short has been over 10% which is creeping up on the high side for many.
It seems that WSM was doomed no matter what they reported.
Price was above the bands set on an 80 DMA. Not anymore.
Crooked W and the last leg terminated at just above the 1.113. But it is an ugly and long top wick that pierced the 1.113.
Almost a text book Alternate Bat.
The "regular" bat terminates at the .886.
No recommendation.
Short interest is approximately 18.47% depending on where you look with 9.3 days to cover.
WSM seems to be highly shorted most of the time. Not sure why but for quite a while short has been over 10% which is creeping up on the high side for many.