CHWY broke below longtime support and I am waiting to see if this level gets retested as resistance. Going to be patient on this one and wait for a few green days and rejection off support level. Ultimate target would be $22
chart is clear. price action, classic technical , channels,fib and divergence ,... .i think it is ready to pump
NYSE:CHWY Forming multiple bottoms with potential to break trend line resistance, and hit 59 which is over 40%. Analysts' mean target price @ $59.04. 96% Institutional ownership
currently respecting the trendline.. it would invalidate below the trendline.
Looking at the chart, i would say we can see a regional triple bottom pattern on Chewy, Inc. (CHWY). Goldman Sachs has a $59 price target while Royal Bank of Canada $77. Looking forward to read your opinion about it.
CHWY showing several areas of hitting demand zone with repeated bounces off the zone. Should wait for confirmation candle to continue higher after gap down.
Earnings watch 3/29 CHWY LODE BGRY MU MKC LOVE LULU SNDL ASO RH Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt...
We just finished Elliot wave with an ABC correction and WXY combination, we are thinking it's going to bounce off of a strong demand zone and retrace to 50 fib zone. Entry: 38 Invalidation: 26 Target: 77
$CHWY - At critical level, watch for bounce or break down here - If bounces looking good to add some stocks here
Desicion to Short. Entry Price = $41.20. Target Price=$38.50. Stop Price=$43.90
Yesterday Chewy, Inc. (CHWY) had a strange amount of options, 1.2K Puts and 10.2K Calls, many of them expiring soon, 2022-3-18, with a strike price of $70. 2 Week Range 36.69 - 97.74 yesterday the price was $42.04 On 1/27/2022 Royal Bank of Canada Initiated Coverage for Chewy, Inc. (CHWY) with an Outperform rating and a price target of $77.00. I aim for the...
I love the company overall, overvalued for sure, but technicals don't lie on this one. If this is in fact an IH&S or double bottom, it could see $80+ in a hurry. Small starter here, will cut loose if breaks double bottom
Can see a small bounce upward to 50, there is also a descending triangle so be cautious.
Hello everyone. Chewy has been down on the disappointed earning report released on September of last year. Now, we can see clearly from the chart that the downtrend channel has been well respected with price unable to break every control high. The nearest bearish structure is around $60-62 where my two anchored vwap lines are sitting above. In my view, this...
NYSE:CHWY $CHWY had an unimpeded run up 11.22% today (2/9/22), to rest just below the trend resistance of its broadening formation (the pattern is known for increased volatility and price action as long as price remains within the pattern). I do show $51.04 as an important level of resistance, which after passing price flattened out, but did hold. CPI data...