After it found its support at 50SMA, today there is a bullish signal with high volume. If you find my charts useful, please leave me "like" thx
PETS might get a pop going into earnings. Entry above box. Would take quick profits on this one. Would not hold through earnings. Lower targets could be shorted to or used as pull back entries.
I am long biased on this one but happy to take it long above the box or short below. Targets are the black dotted lines.
Trying going long PETS again since stopping out last week. PETS has been within a beautiful consolidation pattern right above the Cup & Handle breakout pattern on the daily chart. PETS is holding the 20DMA and is coiling tightly at highs. I entered within the consolidation as PETS sprung from the support this morning and back near the breakout zone. Entry -...
PETS recently broke out of a Cup and Handle pattern while holding the 50MA. There was good volume on the breakout yesterday however today PETS pulled back and hammered off the breakout point. I took the opportunity to go long PETS within this pullback. This is a clean Cup & Handle setup with a clean line of resistance. I also like the fact PETS already...
Strong bullish setup forming, backed up by strong Money Flow.
Loving this setup PT 39, keeping it on watch.
$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...
PETS may have found a bottom. Walloped over the last 9 months due to competitive challenges. Company has a flexible balance sheet with limited debt.