Petco Health and Wellness Company, Inc WOOF

WGMI-NFA

on average, each US household spent just over $500 on pets. this amounts to about 1 percent of total spending per year for the average household.

FriscoTrades Pro+ Updated 

I've been long WOOF from previous post, and added to position today as now WOOF is coming out of a rounded base and closing above the 30 week MA (orange line). Now, so long as WOOF closes above 30 week MA, I'm long and will add. What I'd like to see is the 10 week MA (blue line) cross and for price action to sustain above to new highs. 22.8 and 25 zone are...

FriscoTrades Pro+

I'm long WOOF calls . As a frenchie owner (his name is Frisco hence my trading name), I know the amount of $ people are willing to spend on their pets. But also technically speaking, WOOF is coming out of a nice rounded bases and breaking out today. With that huge gap above needed to be filled, this looks like a good R/R long trade, aiming for $24. Don't be...

Sunstorminvest

Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...

SubhashGander

Good Company has ~1 billion in quarterly revenue. Never missed any of the earnings. expecting to reclaim ~25 range in next month or so. Easy 25% upside.

TaPlot Premium

Love the clean supply line around $22.80 on $WOOF Volume pattern supporting this possibly becoming a valid IPO bottom. Only slight issue is price wedging under breakout level. That said, my dog said woof to $WOOF, so I think he wants me to buy it.

Drip_Drop Updated 

Pet Co 1hr ext chart shows the sell-off has slowed down near the 2.618 fib @ $21.80. Also a local POC snapped there, with a bigger one in the 23s. RSI, OBV and CMF look bullish. There's support lower at $20.80 with ATL at $17.87. I'm looking to start stepping in on dips below here with a tight SL under the $20.80 support. PT $25.50-26.50

Powerball

The WOOF is testing bottom of a tunnel. Will this jump back up?

WXYXXZ

Impulse in the form of a leading diagonal. Followed by a three-wave pullback (flat pattern). IMO is a nice opportunity. From a cash-flow perspective the company is a strong buy

WinnerTrader99

Its new chart and needs time to consolidate but the green candle with good volume are good signs needs to claim fibo resistances stops at 24

dwa4949 Pro+

Here are some areas to think about. It was pretty hyped today, not sure if there is any news.

chartsareforships

Next meme stock right here. I wouldn't be surprised on a 300% move by year end due to such high short interest. Disclaimer: I own July and December calls. Do your DD, compelling story here. insert rocket and moon emojis. Hope everyone catches this move.

Modus777 Updated 

From a trend point of view, Petco is ready to make higher highs, completing a rising wedge at this rate. The general trend is still bullish until it breaks from the wedge. If it completes a 1.168 move higher, then I would expect a retrace from there. If the wedge is completed sooner, it should be via a strong catalyst, earnings being the closest one. Under IPO...

Tom_the_Moon Pro+

I am long-term bullish on WOOF

oliverEX

Revenue growth was strong last fiscal year, which ended in January, and that is set to continue this year and beyond. Just bounced off of the 20 EMA. Above the 200 EMA both price and market is showing an uptrend.

chefdrewmem

Still bullish

chefdrewmem

We could see multiple butterfly patterns through the choppiness of the markets over the next several weeks. However i believe ultimately this stock could continue to move upwards for years to come. EOY target is high 30s low 40s

chefdrewmem

RSI is bending up Moving averages are beginning to entangle we should begin to see a melt and perhaps capitulation as we head into earnings on March 31