PETS - Ascending Triangle patternStrong bullish setup forming, backed up by strong Money Flow.Longby nickatherton5
$PETS Heading To New Highs$PETS made a major breakout yesterday on heavy volume after a strong earnings beat. The $24 resistance level was broken through and we see the stock set to keep climbing. In looking at Q2 results, here are the highlights: PetMed Express (NASDAQ:PETS): Q2 GAAP EPS of $0.33 beats by $0.07. Revenue of $69.94M (-2.0% Y/Y) beats by $0.29M. $PETS is also paying a quarterly dividend of $.27/share for a yield of 5.56%. PetMed Express, Inc. and its subsidiaries, doing business as 1-800-PetMeds, operates as a pet pharmacy in the United States. The company markets prescription and non-prescription pet medications, and other health products for dogs and cats directly to the consumers. It offers non-prescription medications and supplies, such as flea and tick control products, bone and joint care products, vitamins, treats, nutritional supplements, hygiene products, and supplies; and prescription medications, including heartworm preventative, flea and tick preventative, arthritis, dermatitis, thyroid, diabetes, pain medications, heart/blood pressure, and other specialty medications, as well as generic substitutes. The company also sells food, beds, crates, stairs, strollers, and other pet supplies. It sells its products through its Internet Website; telephone contact center; and direct mail/print through brochures and postcards. PetMed Express, Inc. was founded in 1996 and is headquartered in Delray Beach, Florida. As always, trade with caution and use protective stops. Good luck to all!Longby InsiderFinancial17
PETS - Watching for close above 50DMAPETS may have found a bottom. Walloped over the last 9 months due to competitive challenges. Company has a flexible balance sheet with limited debt.Longby ML6100
pets cup and handle fails and rectangle looks a continueleading stocks indicator??Shortby tbone1one1224
PETS - Wedge SetupWatch PETS closely at the $48 whole number. Nicely sitting above the 50D SMA as well.Longby ramasubrf20
PETS Put SalePETS had a good gap down on earnings. They beat earnings, raised their dividend from .20 to .25 but traded down on their guidance. It is bouncing off the 20EMA a bit intraday. I do not mind owning shares down at $40 which is almost another 20% down, past the 50EMA/prior support, and would be right at the 100 SMA as well as more support. Let's see how it works.Longby TradersTale111
PetMed Express: Take with care.Where is the balance? There is complexity here: market forces are not always good, and regulation is not always bad.by BARK_Y0
I'm open for the DROP! PETS: WATCHING FOR A SHORT. UNDER @43.13. SHORT T1 @41.67. Shortby Kona808Updated 3
Potential Squeeze brewingPETS afters some news today has busted out of range. there is about 40% short interest in this. watching this closely for a breakout later we should start a short squeeze back up to highs or higher.Longby kunal002
"Bottom" Play on PETSA negative article smacked PETS down over 40% in just a few weeks. Since then it has leveled off and seems to be close to squeezing some shorts out. Volume has NOT confirmed a move, but price action has hinted at one, with the highest close (and first over 8 ema) since the final meltdown on 8/23. This isn't my most confident play, but I love the gains from these bounces (See TEVA today...which I was playing weekly calls on the last 3 weeks, and failed to get one last friday for this week...smh). Entry over 37.44 with big volume Tight stop at 36.50 (always tight stops on these plays, OR, I usually just buy calls with the amount I'm willing to risk and let it go to zero) Potential price target over $41Longby EngageTheTradeUpdated 4
$PETS Daily Chart Setup + Trade IdeaTrade Idea: Buy on a pull back to $45.82-$46.74 zone with stops at $44.66Longby PowerrTraderUpdated 3