Buy on the pullback, short to dust or wait and see?
Chewy had an amazing 2020. It's very popular and growing but highly valued. Also, it gets lumped in with "covid" stocks like pton and tdoc, which isn't totally fair.
Nice bounce off intermediate trendline on Friday, but market weakness is here and presents challenge.
The SP has just corrected and is now in the process of deciding what's next.
Earnings 4/1. Here are some levels I'm watching...
Chewy had an amazing 2020. It's very popular and growing but highly valued. Also, it gets lumped in with "covid" stocks like pton and tdoc, which isn't totally fair.
Nice bounce off intermediate trendline on Friday, but market weakness is here and presents challenge.
The SP has just corrected and is now in the process of deciding what's next.
Earnings 4/1. Here are some levels I'm watching...