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...
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.
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
WOOF: Projecting key levels while the price is in the doghouse. Could it see an upside now? Q4 Earnings on February 22, 2021 before market open. KL's are contingent on observed moving averages.
Recent metrics: Performance Week -8.39%, Performance Month -9.41%
Chewy is a box on the door, and lets face it how many do you really see? If you own a pet in the United States you have probably walked into a Petco in the past two months, and you more than likely brought your four legged friend along for the ride. Petco is a brick and mortar story that will be forever because it offers not only a convenient field trip with your...
Why are pumpers heading for penny stocks that will imploded. Why not create a wave with lasting momentum in a company that generates a profit? PETCO stock is easily worth $60 in this market but we are seeing the same old institutions holding it back to shake out retail. Im in for the run here, PETCO is no brainer. People are not at movie theaters or Dillards for...
My first analysis on a stock using my knowledge of forex trading. Quite a few questions! I notice the price is well above the gap, seems to me as if a bait to take retail traders long in hopes that they hold on to the stock while the price is driven lower.
Think about it, If the vast majority is buying, then who is selling? This relates to institutional banks in...
IPO intraday trading strategy idea
PETCO HEALTH AND WELLNESS is a beloved brand in the U.S. pet care industry with more than 55 years of service to pets and the people who love and care for them.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can...
Petco Health & Wellness Company, Inc. engages in the provision of pet health and wellness services. It offers grooming, as well as in-store and online training. The company was founded in 1965 and is headquartered in San Diego, CA.