While the Dow was puking 500+ points on Tuesday morning, Wayfair (W) was up 4% and sitting just $4 from 52-week highs.

That’s the kind of relative strength that stops me mid-scroll.

When a stock shrugs off broad market carnage AND has a 21.8% short float building into a daily squeeze?

Now we’re talking.

Most traders are looking at this thinking “too extended.” Me? I’m thinking this is exactly where you want to be when technical factors are all lined up for a potential squeeze.

What W Actually Does (The Boring Stuff)

W is Wayfair – they sell furniture and home goods online. Not the sexiest business in the world, but here’s the thing – when you’ve got a stock holding near 52-week highs while everything else is getting beaten up, something fundamental is working.

Or stubborn shorts are getting torn up, wondering why this thing isn’t selling off like everything else.

Why This Technical Setup Has Me Excited

When you get a daily squeeze, you’re looking at sustained consolidation on the daily timeframe. All that buying and selling pressure gets compressed into a tighter and tighter range until something’s gotta give. And when it breaks? Man, those moves can be violent.

Here’s where it gets really interesting – W has a massive 21.8% short float. That means more than 1 in 5 shares are held short.

When a stock with that kind of short interest starts breaking out of a daily squeeze near 52-week highs? Those shorts can get squeezed hard. We’re talking about forced buying that can accelerate moves in a way that catches everyone off guard.

Why Stacked EMAs Matter

The exponential moving averages are all lined up perfectly on the daily timeframe showing bullish alignment. This isn’t some choppy, sideways mess where you’re guessing which direction we’ll break.

Stacked EMAs tell you the trend is your friend, and right now, that trend is pointing straight up. When you’ve got the daily timeframe agreeing on direction, you want to be on the right side of that trade.

Your Action Plan

This could be setting up for a perfect weekly lotto play.

Look, I’m not telling you to mortgage your house and go all-in on W. But when you see technical factors like daily squeezes, stacked EMAs, massive short float, and relative strength all lined up?

That’s when you pay attention.

Most traders will ignore it because it’s “too extended” or they’ll wait for a pullback that never comes.

Me? I’m watching this one very closely.

And if I make a move, Daily Profits Live subscribers will be the first to know.