W Short; Now is the Time$W is at the perfect short point; I hope you can see that from the technical analysis in my chart. Along with the fundamental problems in both the overall economy and the business model of $W, $W faces too much technical resistance.
In a very unlikely scenario, it may go up to 95, at most. In the most likely scenario, it goes up to ~85. It is currently at 81, which is either the peak or very close to it. After, it will fall to the closest support, which is ~57.
At most, this should happen within 2-3 weeks. However, the way the markets have been moving, it may take just a week.
Share your thoughts below :)