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TARONIS TECHNOLOGIES INC, POVERTY DIGNIFIED, INC., MICRON TECHNOLOGY INC, SPRINT CORPORATION, SPDR S&P500 ETF TRUST S&P 500 ETF USD DIS, GENERAL ELECTRIC CO
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CHEWY INC
NYSE
CHWY
Chewy missed analyst earnings estimates by 1 cent per share, but posted good year-over-year improvement. It's down a lot today, but has support around 31 and could rebound from there. Below the previous low of 30.81 would be a good spot for a stop loss.
Chewy made a downward triangle breakout and will consolidate for a little while. It should find some support at this price level, which in the short time since its IPO has been a fairly high volume level. However, Chewy's fundamentals don't check out. It's an unprofitable company and doesn't appear to be making progress toward profitability. It may breach support...
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