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AmazinRaisin
Apr 1, 2024 8:11 PM

5 waves down, Now ABC UP Long

Chewy, Inc.NYSE

Description

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.
Comments
Mnk10
crazy...... i hope this is true lmao cause chewy took a massive beating
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