CHWY is creating a potential W pattern. Since May, price (when in this area) has retraced the previous high twice at least 38% of previous high. Although the previous high is lower than the one prior to that one, a price of $65.96 would be a retracement of 38% of its previous high.
Buy chewy now to 70$ raget 2month period, sell put for 7% premia
Chewy Inc. is an American online retailer of pet food and other pet supplies based in Dania Beach, Florida. In 2017, Chewy was acquired by PetSmart for $ 3.35 billion, the largest transaction in the e-commerce segment at the time. The company went public in 2019, having managed to raise $ 1 billion. Revenue $ 7.15 billion (2020). Capitalization $ 29 billion A...
bark bark .. doesn't look too awful IMO.. could be good to enter here and if tech has a good day to the upside i'd see chwy extending gains. Watch for fake breakout.
$chwy your mom loves it, your dog loves it, and right now banks and hedge funds love it. #chwy is just primed, this weekly chart shows a wedge formation, just above the decade VWAP, last time Chewy touched that it rose 30% in one month. You will not get it cheaper unless the announce they are going out of business, absolute bottom is 65.55, it's been hammered by...
Chewy took a tumble on it's negative earnings, providing a possible entry point on support and fib confluence.
CHEWY is looking good for a breakout of an ascending triangle 105 pt measured move takes us to about 107
Inv H&S in 75-88 range... 88 breakout level 90->92.60 break-> retest ATH
CHWY Daily TF Broke the downtrend and forming nice channel up. Trading above the 20/50 day ema. Ideally would like to see a a dip to 75-76 retesting bottom channel line for a dip entry but break of 81 looking at 86. Targets: 81,86, 93
This is a play I actually entered into about a week ago pre-earnings. Price jumped after having their first profitable quarter and their financials look great. Prices pulled back as expected because the market is f'd up like that and these past few days have presented a second-round buying opportunity. It went from overpriced at $120 with a fair value of $80-$90...
Chewy is showing good strength on 4 hour chart, with its amazing earning it is ready to fly
Chewy has been consolidating since its fall from highs. Market has given 3 chances to buy at around 79 , there is huge selling at 87 level. But with earning coming up and divergence on rsi thing chewy will run soon. Purely technical analysis Trade at your own risk ideas are only for entertainment Best strategy to deploy- a put butterly near 79 level , la put...
$CHWY D Time Frame update.... Completed 5 impulse waves up and came a few cents off my wave 5 target from previous analysis... Now with market volatility and uncertainty where do we go now? Stimulus is being passed to the house to finalize the package, If we do get the stimulus keep eyes on retail as consumer spendings should increase, which means .... more pet...
With my expectation that the company in the next report will provide good financial results, but now there is an oversupply and a large and rapid rise in value
Green 20 sma uptrend Purple 60 sma uptrend Gold 120 sma uptrend Blue 200 sma uptrend Volume 100% ++ Ascending Wedge Large body breakout bullish candle Trading Idea shared by Wendy from TSG
NYSE:CHWY Chewy is creating a bull pennant which especially with earnings coming on the 8th gives Chewy the chance to reach new all time highs or fail the new highs with a double top at its previous high.
$CHWY breaking out of an inverse head and shoulder, now hopped over a volume cluster with Chikou finding Kumo support. Looks to be headed towards the Daily falling wedge resistance