11-29-2023 CHWY BUY When we took this trade it looked good now, it’s not. Bearish Commodity Channel Index BUY $18.95 SELL 22.61 ASK 3.66 SWING Trade
CHWY BUY $18.95 SELL $19.90 Looks promising, what do you think? Chewy, Inc. is an American online retailer of pet food and other pet-related products based in Plantation, Florida
Price is 24 times book value. Will wait until Dec 2024 for a decision.
Please watch the video on my analysis of $NYSE:CHWY! I explain why I think that this stock is going up! As always, thank you for tuning in to my analysis. I pray you all have a beautiful rest of your thanksgiving!
CHWY finally putting in a higher highs and higher lows...
Even in recession people seem to have a way of keeping their pets fed. Not sure about other countries but in the U.S., we often find that when people are doing poorly, they tend to spend even more $ and time with their pets. This is so far the best opportunity since 2020 to begin creating a long-term position. Also looks like a nice technical level to create a...
Chewy is very over sold. Could see a nice bounce. 19.60 to 21.50 is a nice lower risk 10% bounce.
Following up on the CHWY GAP play, it looks like a multi-year triple bottom is forming on the weekly.
This trade was pointed out by a few alpha channels I follow, it makes sense and the support/resistance have touch points from months ago. This is an easy 10% swing and if options are utilized can equate to a hefty sum just by filling the large candle of the gap.
Wave 5 isn't done yet, the bottom is near $20 or slightly above. From there it should rip to $30.
If you haven`t bought CHWY here: or sold it before the previous earnings: Then analyzing the options chain and the chart patterns of CHWY Chewy prior to the earnings report this week, I would consider purchasing the 30usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately 0.65. If these options prove to be profitable prior...
NYSE:CHWY My friends, allow me to present to you one of the easiest and most profitable trades I have recently discovered. This trade offers an impressive risk-reward ratio of 1 to 6.5. Once it hits the bearish trigger line, I will open the short position. It's likely that we'll witness some struggle from the bulls as they attempt to hold the last line of...
CHWY looks promising. Let's wait for the price to retest the resistance line and enter the short position. Our estimated target is 37.73$ Entry and stop loss are indicated on the chart. Good luck!
watch for a gap fill around 30 which is also a trend line support, which should provide good R/R entry...
CHWY is oversold at 33.60. After several quarters of earnings beats and lots of analysts upgrades it has gotten caught up in the recent fears of a pullback in the overall market and is overdone. if it drops below 33.56 and recovers, it can be considered a FBD (fake break down) and will be ready to run, IMHO. RSI and other indicators deeply oversold, and 33.56...
High volume pole with decreasing pullback volume with last bar having increase in bull volume
NYSE:CHWY If the price of CHWY breaks above the bullish line of $40.78, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target price could be set at $43.72. Conversely, if the price of CHWY breaks below the bearish line of $34.87, it may suggest a bearish signal, implying potential downward price movement. In...
That gap?!?! On a M chart. Wow I'm about it. And the daily 100/200 sma support the move? I'm in bullish. Consider doing the same