After an extended multi-year downtrend, PETS is now pressing into a major macro demand zone on the weekly chart. Price has tapped into a long-standing gap region, an area that historically attracts aggressive re-pricing when reclaimed. Early signs of stabilization are emerging, though the structure remains heavily oversold.
🔹 Entry: CMP (Current Market Price)
🔹 Target (TP): 54.21
🔹 Stop-Loss (SL): 1.57
This setup outlines a high-timeframe swing opportunity with an outsized risk-to-reward profile. The TP aligns with stacked inefficiencies and former breakdown levels, representing the first major weekly supply cluster above. A structural shift above the mid-range would strengthen the bullish case dramatically, potentially initiating a long-term reversal phase.
However, failure to hold the demand floor below the gap could expose new lows, fully invalidating the bullish scenario.
⚠️ Financial Disclaimer (the funny one):
This is not financial advice — just a chart that hopes for better days. If you ape into weekly setups without risk management, your portfolio might go on a multi-year downtrend of its own. DYOR and protect your capital like it’s the last slice of pizza.
🔹 Entry: CMP (Current Market Price)
🔹 Target (TP): 54.21
🔹 Stop-Loss (SL): 1.57
This setup outlines a high-timeframe swing opportunity with an outsized risk-to-reward profile. The TP aligns with stacked inefficiencies and former breakdown levels, representing the first major weekly supply cluster above. A structural shift above the mid-range would strengthen the bullish case dramatically, potentially initiating a long-term reversal phase.
However, failure to hold the demand floor below the gap could expose new lows, fully invalidating the bullish scenario.
⚠️ Financial Disclaimer (the funny one):
This is not financial advice — just a chart that hopes for better days. If you ape into weekly setups without risk management, your portfolio might go on a multi-year downtrend of its own. DYOR and protect your capital like it’s the last slice of pizza.
Note
There´s a HUGE GAP between 2.39 and 1.81 . Dont´be afraid if it goes there. Might add more if It get´s there.
⚠️ Financial Disclaimer:
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
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.
⚠️ Financial Disclaimer:
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
This post is not financial advice. I am not your financial advisor, your life coach, or your legally responsible adult.
Always do your own research and never trade based solely on internet comedy.
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.