# Sitting on a Cash Pile 12.0? The People are Back to Cooking at Home

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Last modified: 2021-03-25

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By Paul Ebeling · 2021-03-25
Tags: Shayne Heffernan on Investments, cooking, buy, cash, Bullish, Lifestyle, Williams, Dining, Shopping, WSM, Todays Trade Ideas, 2021
Signed: no (published before platform launch).
Nothing in this article is investment advice.

#cash #bullish #buy

[$WSM](https://finance.yahoo.com/quote/WSM?p=WSM&.tsrc=fin-srch)

Williams-Sonoma Inc. ([NYSE:WSM](NYSE:WSM)) broke out on 10 March at 132.75 and confirmed on 24 March at 165.83. Thus, garnering a LTN Cash Pile Buy rating with a 1 yr target price at 228/share. The current Street consensus 1 yr price target is 146.84. 

WSM is trading Thursday at 167.89 within  52-wk range of 36.54 - 184.32 (its all-time high).

The Key support is at 154.01 and the resistance is Nil. The pattern suggests a break away gap from 136.39-158.52.

Our outlook is Bullish with a Very Bullish bias in here, as some of our Key technical indicators have tuned Very Bullish.

![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg)

Have a healthy day, Keep the Faith!

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