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.
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.
WHO WHO WHO WHO. Entered for 20.98.
Still bullish
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
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
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% ATR: 1.40
I'd like to buy into this eventually for my long term hodl. When will this be considered a good buy? What do you think?? Could it go something like this??
WOOF should continue to rise over the next 8 months as we move into the summer and more outdoor activities increasing.
I'm buying and holding. Competitors trading at 8x sales, which would translate to 100+ for $WOOF easily
Woof. Clear pennant that we expect to break UP. Lock-out exp. in Nov, plenty of timmmee
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...
implies an intermediate to long term uptrend