CHWY trade ideas

GammaRayGoated

Last week this pulled back after 5 straight weeks of going up. From a strat perspective it is setup as a Bullish Randy Jackson. Bullish Price Targets with a trigger above 42.70: 42.70 will take us to 47.49 and 52.39 Bearish Price Targets if the daily closes below 36.28: $34.02 and the gap close around 30. You can also get in if it holds the green zone (38.72-39.49)

JARQ94

#SuakuFlowsWatchlist Expiry: 7/15 $CHWY 44C > 43.74 | 41.5P < 41.84 $GME 132C > 131.74 | 124P < 124.65 $MRNA 182.5C > 180.48 | 170P < 171.29 Double IB on $GME. Premiums on $GME and $MRNA are pricey so size accordingly. Scale out above 20%.

PlutoPup

Pet food supply has turned sexy again.. If we can get above the 200sma I can see more upside. The last earnings were good and the stock price is being rewarded. Bottom formed at 22.70.

Vibranium_Capital

broke the pivot resistance mentioned in last analysis, non stop green since then. congrats to my longs! :) RSI is extremely overbought now, so I would not chase this one, we may see 43.1-50 before the next big pullback. lets see what happens!

vieiraj14

Daily descending volume + 4h 200EMA Resistance + 1D 100EMA Resistance + 1W 20EMA Resistance Risk to Reward Ratio: 2.5 The company is trading at around 156 forward PE...

FluxTrades

Taking some $CHWY 7/1 34P @ 1.34 here. $CHWY is becoming increasing overbought, and we got a gnarly rejection off of our trendline, and our supply zone.

probabilityta

Good Volume last week after earning reports. Pick at the bottom whereby support at $20/$22. Good risk reward.

HouseOfTrades Updated 

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

zwburger

Yesterday Chewy (CHWY) 🐾 saw the largest volume in trading since the IPO in 2019. It is firmly within the downtrending channel, bouncing off the bottom in fact, so if you order everything from pet toys to pet treats to kitty litter, this might be an area of interest to begin nibbling. In this market, scaling into your position is the wisest thing a retail...

Vibranium_Capital

CHWY having trouble with 30 round number resistance, if we can break above the next targets will be 34-39.8-45.7

WGMI-NFA Updated 

good candle stick action a bit oversold stop on the chart

WGMI-NFA Updated 

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

hossein_malekzadeh

chart is clear. price action, classic technical , channels,fib and divergence ,... .i think it is ready to pump

brahma_TSB

currently respecting the trendline.. it would invalidate below the trendline.

TopgOptions

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.

enrrique914

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.

Options360

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...

FarrOptions

Keep an eye on CHWY for a move. Set up looks nice.