Chewy stock ( NYSE:CHWY ) surged 25.37% on the first quarter 2024 financial result, following a strong Q1 2024 earnings report that beat Wall Street estimates and an increase in Autoship sales. The company reported adjusted earnings of 31 cents a share on revenue of $2.88 billion for the quarter ended April 28, beating analysts' expectations of 20 cents a share on...
Despite delivering better-than-expected quarterly results, the online pet food and accessories retailer faces headwinds stemming from moderating pet ownership trends. While Chewy's ( NYSE:CHWY ) outlook may have dampened investor sentiment, its commitment to continued growth and market share expansion remains steadfast. Navigating Market Volatility: Chewy's (...
Reasons for bullish bias: - Price has tested support - An entry at the lower highs (LH) breakout for trend confirmation - Bullish divergence - Megaphone pattern - XABCD pattern on weekly - Earnings on 20th March, NYSE:CHWY might show good moves Here are the recommended trading levels: Entry Level(Buy stop): 19.27 Stop Loss Level: 15.37 Take Profit Level 1:...
This looks bearish. If it breaks below 17-18 then most likely it will hit 10-12 range. If it does then expect it to recover back to 24.
Even in recession people seem to have a way of keeping their pets fed. Not sure about other countries but in the U.S., we often find that when people are doing poorly, they tend to spend even more $ and time with their pets. This is so far the best opportunity since 2020 to begin creating a long-term position. Also looks like a nice technical level to create a...
Hi Traders, Investors and Speculators of Charts📈📉 The markets are trading in the red and it can be hard to spot good trading opportunities during bloodbaths. On the charts, we're looking at: CHEWY NYSE:CHWY Spot position, anticipating trading back up towards the gap. +17% , low risk high reward trade WALT DISNEY NYSE:DIS Spot accumulation,...
If you haven`t bought CHWY here: or sold it before the previous earnings: Then analyzing the options chain and the chart patterns of CHWY Chewy prior to the earnings report this week, I would consider purchasing the 30usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately 0.65. If these options prove to be profitable prior...
If you haven`t bought CHWY here: or sold it here: then Analyzing the options chain of CHWY Chewy prior to the earnings report this week, I would consider purchasing the $29.5 strike price Puts with an expiration date of 2023-6-2, for a premium of approximately $1.29 If these options prove to be profitable prior to the earnings release, I would sell at least...
If you haven`t bought the all time low: Then you should know that looking at the CHWY Chewy options chain ahead of earnings , i would buy the $43.5 strike price Puts with 2022-12-9 expiration date for about $2.46 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
CHWY Chewy quarterly earnings of $0.04 per share vs Consensus Estimate of a loss of $0.12 per share. T This represents an earnings surprise of 133.33%!! Sales of $2.43 billion topping forecasts for $2.41 billion. My price target is the $31 resistance for now. Looking forward to read your opinion about it!
As much as I want to be bullish on CHWY, I think it requires more and time price. Resistance is obviously at 31.95 and another upside level at 32.89 / 34.30. Downside remains the near support level at 31.34 and lower levels of 30.72, 30, and 29.20. I'd be looking to see if the stock can begin to build on a base with large volume and continued higher closes from...
Good Volume last week after earning reports. Pick at the bottom whereby support at $20/$22. Good risk reward.
Looking at the chart, i would say we can see a regional triple bottom pattern on Chewy, Inc. (CHWY). Goldman Sachs has a $59 price target while Royal Bank of Canada $77. Looking forward to read your opinion about it.
We just finished Elliot wave with an ABC correction and WXY combination, we are thinking it's going to bounce off of a strong demand zone and retrace to 50 fib zone. Entry: 38 Invalidation: 26 Target: 77
Yesterday Chewy, Inc. (CHWY) had a strange amount of options, 1.2K Puts and 10.2K Calls, many of them expiring soon, 2022-3-18, with a strike price of $70. 2 Week Range 36.69 - 97.74 yesterday the price was $42.04 On 1/27/2022 Royal Bank of Canada Initiated Coverage for Chewy, Inc. (CHWY) with an Outperform rating and a price target of $77.00. I aim for the...
NYSE:CHWY After a long downtrend, Chewy may have found it's bottom. Jan 24 gave a Bullish Engulfing candle at the $37.11 support. RSI poking above 50 for the first time since late Nov '21. MACD curling. Buy volume has been increasing since early December '21. Showing more buy volume and greater daily price action as price moves closer in an expanding pattern...
Chewy, Inc., together with its subsidiaries, engages in the pure play e-commerce business in the United States. The company provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its chewy.com retail Website, as well as its mobile...