Get started
AmazinRaisin

5 waves down, Now ABC UP

Long
Chewy, Inc. (BATS:CHWY)  
AmazinRaisin  
BATS:CHWY   Chewy, Inc.
Trend Analysis
5
1
trendanalysis
Chewy looks to be at the end of a 5 impulse down. RSI on the weekly is showing a bullish divergence. I think the ABC correction will be in the works soon.

The Monthly chart also shows a bullish divergence on RSI. The higher the time frame the stronger the reversal will be on bull divs.
snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.